George Osborne insists Google's UK tax deal is 'major success'
by Rowena Mason, Matthew Weaver and Stephanie Kirchga from Technology | The Guardian on (#124QJ)
Chancellor brushes off widespread criticism of deal by arguing that internet giant had previously paid no tax in UK
George Osborne has repeated his controversial claim that the UK's tax deal with Google is a "major success" despite a widespread backlash against the 130m agreement for being too lenient.
The chancellor was criticised after hailing the deal as a victory for HM Revenue & Customs over the weekend, with Labour claiming it amounted to an effective tax rate of around 3% - compared with the corporation tax rate of 20%.
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