In September George Osborne said he was going to use the Autumn Statement to put a new tax on the likes of Google.
I had my doubts at the time, and said so to a number of radio and press journalists, suggesting that I expected little more than an announcement of a consultation, at best, given that the OECD was at least a year away from making any real announcement on how to address this issue.
It seems I was right: the so-called Google Tax of September will become yet another invitation for big business to water down his proposals come December.
Wasn't it ever thus?
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As someone posted on Twitter:
‘I thought a lyre was a Greek harp till I heard of Osborne’
he’s just stringing us along.
But Richard, it will never be possible to force the multinationals to pay tax in the UK unless the EU changes its rules on taxation.
Only partly true
They do pay tax, after all