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Wed 11 Nov 2009Cowen rejects Labour claim over Anglo 'sweetheart' deal
TAOISEACH BRIAN Cowen has rejected Labour Party claims that the Government did a “sweetheart” deal with the so-called “Golden 10” Anglo-Irish Bank borrowers to allow them avail of an €80 million capital gains tax loophole.
Labour leader Eamon Gilmore demanded that the Government “close off a tax loophole that will cost the taxpayer in the order of €80 million on top of the €300 million we’re already stuck with” for the losses on the loan “that these guys took out”.
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