Bairnforever1992 Posted December 4, 2012 Share Posted December 4, 2012 (edited) James Cook @BBCJamesCook HMRC say they will seek permission to appeal the so-called "big tax case" decision which went n favour of Rangers Football Club. Yasss!!!! :lol: Up the sevco they thought they've won but they are wrong yet again. HMRC to 'seek permission' to appeal Rangers tax tribunal verdict Edited December 4, 2012 by Bairnforever1992 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted December 4, 2012 Share Posted December 4, 2012 STV News @STVNews HMRC to 'seek permission' to appeal Rangers tax tribunal verdict bit.ly/SDuUeS 0 Quote Link to comment Share on other sites More sharing options...
Bairnforever1992 Posted December 4, 2012 Share Posted December 4, 2012 So they are going to celebrate 140 days being a new club and when HMRC win their appeal they celebrated for nothing! :lol: 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted December 4, 2012 Share Posted December 4, 2012 STV News @STVNews HMRC to 'seek permission' to appeal Rangers tax tribunal verdict bit.ly/SDuUeS More public money being wasted by HMRC, won't somebody think of the hospitals? Even if they win, there's nothing for them to get back from oldco, seems like a vindictive action. 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted December 4, 2012 Share Posted December 4, 2012 Obviously, HMRC are just pursuing a vandetta against Rangers. Didn't they hear? Rangers are innocent - they never cheated anyone! Two judges said so! 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted December 4, 2012 Share Posted December 4, 2012 Full deflection mode! Jabba the hutt joins Sevco Rangers FC for his pension fund Bhairn if you're going to post links to dodgy websites then let people know what they are clicking on, ok? Andy Muirhead is hardly a reliable source, is he? 0 Quote Link to comment Share on other sites More sharing options...
Bairnforever1992 Posted December 4, 2012 Share Posted December 4, 2012 HMRC to appeal against ruling in Rangers 'Big Tax Case' HM Revenue and Customs has said it will seek permission to appeal against a tax tribunal ruling in favour of Rangers' use of Employee Benefit Trusts. The club, which is now in liquidation, used the scheme from 2001 to 2010 to make £47.65m in payments to players and staff in the form of tax-free loans. HMRC had challenged the payments, arguing that they were illegal. Rangers disputed the bill and a First Tier Tax Tribunal (FTT) ruled the scheme did not breach tax law. In a majority decision, the tribunal said the payments - of about £49m - were loans, not earnings, and so were not liable for income tax. The old Rangers was under the control of Sir David Murray when it began using EBTs. He sold the club for £1 to Scottish businessman Craig Whyte in 2011, while the tax liability was in dispute. The FTT, before three judges, concluded in January, one month before the old Rangers, now under the control of Mr Whyte, was forced into administration by HMRC over non-payment of tax totalling about £14m. HMRC subsequently rejected proposals for a creditors agreement that would have allowed the old club to continue. Administrators Duff and Phelps then negotiated a sale of assets to a consortium led by Charles Green for £5.5m. He has since formed a new club, now playing in the Scottish Football League Third Division. Even the BBC stated it's a new club, end game for new Rangers. 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted December 4, 2012 Share Posted December 4, 2012 More public money being wasted by HMRC, won't somebody think of the hospitals? Even if they win, there's nothing for them to get back from oldco, seems like a vindictive action. Part one is likely true, although I would've thought they might be able to pursue the "loans" from the people who benefitted, no? Part two sounds daft to me, though - there's the small matter of David Murray and all of his confederates, who HMRC clearly believe are due a holiday at Her Majesty's pleasure. A very long holiday indeed, perhaps at the Bar L, pour encourager les autres. All of which is would be well within HMRC's duty to the taxpayer, I imagine. They are supposed to tackle actual, criminal activity, aren't they? 0 Quote Link to comment Share on other sites More sharing options...
AES Posted December 4, 2012 Share Posted December 4, 2012 (edited) BBC again recognise we are the same club http://www.bbc.co.uk...otball/20581618 Rangers face the side who knocked them out of last season's tournament days before the Glasgow club went into administration. It is the first time Rangers will have faced top-flight opposition in this tournament since becoming a Third Division club. They defeated Motherwell in the Scottish Communities League Cup in their first meeting with SPL opposition this season before losing to Caley Thistle. And yet, on another page......HMRC to appeal against ruling in Rangers 'Big Tax Case' The old Rangers was under the control of Sir David Murray when it began using EBTs. He sold the club for £1 to Scottish businessman Craig Whyte in 2011, while the tax liability was in dispute. The FTT, before three judges, concluded in January, one month before the old Rangers, now under the control of Mr Whyte, was forced into administration by HMRC over non-payment of tax totalling about £14m. HMRC subsequently rejected proposals for a creditors agreement that would have allowed the old club to continue. Administrators Duff and Phelps then negotiated a sale of assets to a consortium led by Charles Green for £5.5m. He has since formed a new club, now playing in the Scottish Football League Third Division. Hope that helps. ETA: Beaten to it by Bairnforever.... Edited December 4, 2012 by AES 0 Quote Link to comment Share on other sites More sharing options...
Bairnforever1992 Posted December 4, 2012 Share Posted December 4, 2012 So the HMRC seek permission from a upper tribunal, they will win it anyway. 0 Quote Link to comment Share on other sites More sharing options...
Burma Posted December 4, 2012 Share Posted December 4, 2012 won't somebody think of the hospitals? The p&b equivalent of using a baby to protect yourself. 0 Quote Link to comment Share on other sites More sharing options...
Dindeleux Posted December 4, 2012 Share Posted December 4, 2012 Surely some mistake here, maybe a clerical error? http://www.iffhs.de/...c2bbb6f28f53512 Seems to be missing one of the world's biggest teams/clubs/institutions The amigos/FFers/Ragersmedias should get on the case right away WTF is that? Universidad of Chile ranked above Real Madrid? 0 Quote Link to comment Share on other sites More sharing options...
Burma Posted December 4, 2012 Share Posted December 4, 2012 Obviously, HMRC are just pursuing a vandetta against Rangers. About time. 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted December 4, 2012 Share Posted December 4, 2012 1354629238[/url]' post='6864434']HMRC to appeal against ruling in Rangers 'Big Tax Case' HM Revenue and Customs has said it will seek permission to appeal against a tax tribunal ruling in favour of Rangers' use of Employee Benefit Trusts. The club, which is now in liquidation, used the scheme from 2001 to 2010 to make £47.65m in payments to players and staff in the form of tax-free loans. HMRC had challenged the payments, arguing that they were illegal. Rangers disputed the bill and a First Tier Tax Tribunal (FTT) ruled the scheme did not breach tax law. In a majority decision, the tribunal said the payments - of about £49m - were loans, not earnings, and so were not liable for income tax. The old Rangers was under the control of Sir David Murray when it began using EBTs. He sold the club for £1 to Scottish businessman Craig Whyte in 2011, while the tax liability was in dispute. The FTT, before three judges, concluded in January, one month before the old Rangers, now under the control of Mr Whyte, was forced into administration by HMRC over non-payment of tax totalling about £14m. HMRC subsequently rejected proposals for a creditors agreement that would have allowed the old club to continue. Administrators Duff and Phelps then negotiated a sale of assets to a consortium led by Charles Green for £5.5m. He has since formed a new club, now playing in the Scottish Football League Third Division. Even the BBC stated it's a new club, end game for new Rangers. Has someone told traynor yet after all he was disgusted that some jurnos didn't accept the descision . 0 Quote Link to comment Share on other sites More sharing options...
SS-18 ICBM Posted December 4, 2012 Share Posted December 4, 2012 Tax dodging cheating b*****ds. 0 Quote Link to comment Share on other sites More sharing options...
Broken Algorithms Posted December 4, 2012 Share Posted December 4, 2012 Of course, we already knew the truth. As our club regroups on its road back to our rightful place lording it over all beneath us in Scotland - it was never in any serious doubt. Media outlets the world over have arrived at Ibrox to tell the tale of our remarkable resilience and the wonderful dedication of our support. From America, Holland, France, Japan and more they have come - the message is out there for all to see. Meanwhile, in a tiny corner of northern Europe - the ever-dwindling band of naysayers have never been more of an irrelevance (comprising as they do of some bitter plastics and a tiny handful of tawdry diddies) or more bitter about their failure to kill our greatest of clubs. They placed all their faith in the internet warriors - the IRA writer, the runaway, the disgraced bungler and more - who, in turn, lied to them. In despair, and no sooner had the BTC result damned their heroes, a new breed of Emperors were found - step forward the likes of Suckit, Fuckit and Duckit - to continue the pretence. Must've been the final straw for HMRC, who have now appealed. Bendarroch's taunting took it too far. Enjoy! 0 Quote Link to comment Share on other sites More sharing options...
Ross. Posted December 4, 2012 Share Posted December 4, 2012 Not exactly unexpected, given it was the tax expert on the panel who found in their favour. Wonder how long this will take? As I(And many others) stated at the time, the only winners from the decision announced a few weeks ago will be the respective legal teams. 0 Quote Link to comment Share on other sites More sharing options...
Bairnforever1992 Posted December 4, 2012 Share Posted December 4, 2012 Another serious misuse of public funds. Will they recover any funds for HMRC? No. There is nothing left in the oldco for a dividend. Will it set a precedent to go after other clubs? No. The original judgment means each case will be treated on merit and take months/years to resolve. Has a point of law been breached with the original judgment? No one has yet noted any. Are HMRC feeling embarrassed by this case and are seeking redress to cover this embarrassment? You decide... ^^^^^^^^^^^^ Seething. They are going to get their money back Tedi! 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted December 4, 2012 Share Posted December 4, 2012 Another serious misuse of public funds. Will they recover any funds for HMRC? No. There is nothing left in the oldco for a dividend. Will it set a precedent to go after other clubs? No. The original judgment means each case will be treated on merit and take months/years to resolve. Has a point of law been breached with the original judgment? No one has yet noted any. Are HMRC feeling embarrassed by this case and are seeking redress to cover this embarrassment? You decide... Perhaps they think that enforcing the law of the land is important. Perhaps they think that punishing criminal behaviour is important. Perhaps they think that allowing wrongdoing to go unpunished sends a bad message to crooks. Perhaps, Tedi, what you are saying here is tantamount to claiming that, since a bunch of junkies have already sold the jewelery they stole from that old lady, then it would be vindictive to punish them. After all, the jewelery is gone and can't be recovered, eh? Who gains from such public expense? I've said it before and I'll say it again - the issue of Rangers FC's cheating should be secondary here. Yes, anything won by fraud needs to be re-examined, but the real aim here should be David Murray, sitting in a dock and then taking that long G4S van ride to Barlinnie. And the very idea that, out of Rangers or HMRC, it's HMRC that should be embarrassed is just hilarious. One of these organisations has been heavily criticised by judicial figures for dishonesty and obstructiveness in legal proceedings, and it isn't Hector. 0 Quote Link to comment Share on other sites More sharing options...
SS-18 ICBM Posted December 4, 2012 Share Posted December 4, 2012 Another serious misuse of public funds. As an Ibrox season ticket holder you supported and watched the tax dodging cheating RFC (R.I.P.) dying due to its misuse of public funds (taxes). Will they recover any funds for HMRC? No. There is nothing left in the oldco for a dividend. They most probably will, yes. From the individuals who received EBT's. Will it set a precedent to go after other clubs? No. The original judgment means each case will be treated on merit and take months/years to resolve. That isn't our concern, however, only time will tell, you simply don't know. You sure do post pish. Nobody other than internet bawbags such as you 3 stooges, Ben1, Ben2 and you cares how long it takes. Has a point of law been breached with the original judgment? No one has yet noted any. As above. Are HMRC feeling embarrassed by this case and are seeking redress to cover this embarrassment? You decide... I've decided. As above. 0 Quote Link to comment Share on other sites More sharing options...
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