Murray Group (Rangers) tax case - decision today?

[minestrone]

First indication of a possible appeal (Third Paragraph).

Dave King Statement - Rangers Football Club, Official Website

I wouldn't believe anything that comes out of his mouth, he was referred to as a 'glib and shameless liar' by a judge in a previous tax trial.

Anyways, there is absolutely no chance they are going to appeal this, Murray's companies are gone and BDO wont bother.

[cliffordthedog]

[QUOTE=minestrone;2168286]I wouldn't believe anything that comes out of his mouth, he was referred to as a 'glib and shameless liar' by a judge in a previous tax trial.

Anyways, there is absolutely no chance they are going to appeal this, Murray's companies are gone and BDO wont bother.


Minestrone
On what basis do you make this other than your own prejudices?
They've won 2 out of 3.
The last decision seems to have confused the socks off everyone.

[minestrone]

It never confused me, the players had 'side letters' explaining that these loans were part of their remuneration. Once the appeals got above the funny handshake strata of Scottish society they were always going to lose it.

Anyways there are multiple court cases going on just now about the sale of Rangers, it is somehow possible that BDO might actually get the 'club' back.

[cliffordthedog]

It never confused me, the players had 'side letters' explaining that these loans were part of their remuneration. Once the appeals got above the funny handshake strata of Scottish society they were always going to lose it.

Anyways there are multiple court cases going on just now about the sale of Rangers, it is somehow possible that BDO might actually get the 'club' back.

The best legal minds we have, didn't agree
The tax specialists/accountants who have commented are confused

But you were never confused. I'm impressed

[minestrone]

The players had letters telling them that they never had to pay the money back and that the money was part of their salary. That really is the bottom line in this case, they didn't know how to run an EBT.

The tribunal verdict was an error and this has corrected it.

The only involvement Rangers have now is that there is a real possibility that they may lose the titles won during that era so they are making noises about an appeal, there won't be one. Here is an excerpt from the guardian that shows the duplicity of Dave King.

Rangers: shutting down talk that the club should be stripped of five titles after a court ruled the oldco broke tax rules from 2001 to 2010: “It is time for everyone to move on and work together for the greater good of the game. Scottish football has suffered enough.”

• Leading the debate for both sides: Rangers chairman Dave King – speaking last week: “The football team had no advantage from any tax savings”; and speaking in 2012, then as a former club director. “We owe the Scottish footballing public an apology. I follow the logic of the argument that if we lose the tax case then we probably gained some competitive advantage. We should apologise for that.”

The reality is that there might not be a Rangers by this time next year, they are very close to going into administration again.

[cliffordthedog]

minestrone

I think that the arguments must be a little more complex than that otherwise we would not have had such a complex case. It can't have been that clear if the FTT and UTT ruled against HMRC followed by Sessions has ruling in HMRC's favour.

But I wouldn't want to bet on a result either way if this is appealed

[minestrone]

minestrone

I think that the arguments must be a little more complex than that otherwise we would not have had such a complex case. It can't have been that clear if the FTT and UTT ruled against HMRC followed by Sessions has ruling in HMRC's favour.

But I wouldn't want to bet on a result either way if this is appealed

I am not sure it even can be appealed, they have to do it in 28 days and it can only be done if there is proof that someone perverted the course of justice. So I'm pretty sure the show is over now.

And yes, it really was that simple, they gave most people letters saying they never had to pay the loans back. They fecked up royally.

I don't know what is going to happen to the 'club', there is a court case coming up and the sale of the assets/club might have been criminal.

[fullyautomatix]

I am not sure it even can be appealed, they have to do it in 28 days and it can only be done if there is proof that someone perverted the course of justice. So I'm pretty sure the show is over now.

And yes, it really was that simple, they gave most people letters saying they never had to pay the loans back. They fecked up royally.

I don't know what is going to happen to the 'club', there is a court case coming up and the sale of the assets/club might have been criminal.

I think some of the users who have used dodgy schemes keep clinging to some vain hope that all the scheme providers will keep appealing and eventually win in some court.

[DotasScandal]

I am not sure it even can be appealed, they have to do it in 28 days and it can only be done if there is proof that someone perverted the course of justice.

It can be appealed, and no, there is no need for anyone having perverted the course of justice. No idea where you are getting this stuff from.

[LandRover]

I think some of the users who have used dodgy schemes keep clinging to some vain hope that all the scheme providers will keep appealing and eventually win in some court.

Oh if only you were around to help us idiots!

Some of us didn't have your wise words of wisdom to fall back on at the time.

While your here any advice on anything else?