So much for Osborne’s Google tax

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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?