By Peter Campbell PUBLISHED: 14:37 EST, 2 May 2013 | UPDATED: 19:34 EST, 2 May 2013 Goldman Sachs was let off a £20million tax bill to avoid embarrassing George Osborne, the High Court heard yesterday. Revenue bosses are said to have stopped chasing Goldman Sachs for money it owed after the investment bank agreed to sign up to the Government’s flagship tax agreement – seen as a major coup for the Chancellor. Senior officials at Her Majesty’s Revenue and Customs are alleged to have granted Goldman Sachs a ‘sweetheart deal’  effectively cancelling the bill, because they feared the bank might otherwise back out of the agreement.
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HMRC said to have stopped chasing tax owed by investment bank
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Bill canceled after it signed up to Government's flagship tax agreement
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