So We're Not Proud of This, But...

Classic understatement from across the pond.

The settlement with Goldman Sachs was not a glorious episode in the history of the Revenue.

–UK High Court Judge Andrew Nicol, employing the spirit of British understatement in a written opinion dismissing a claim by activists that the tax settlement Her Majesty’s Revenue and Customs made with Goldman Sachs in 2010 was an unlawful “sweetheart deal.”

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