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Big Rangers Administration/Liquidation Thread - All chat here!


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5 minutes ago, Forever_blueco said:

For what it's worth I had a quick look and first report I read contained this 

 

"It is, as always, very difficult to make an assessment of the mood of the court, but the impression given is that the court was unwilling to entertain HMRC’s argument that the employee had immediate access to the EBT assets and was less than wholly convinced that their arguments on diverted earnings were correct."

 

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For what it's worth I had a quick look and first report I read contained this 
 
"It is, as always, very difficult to make an assessment of the mood of the court, but the impression given is that the court was unwilling to entertain HMRC’s argument that the employee had immediate access to the EBT assets and was less than wholly convinced that their arguments on diverted earnings were correct."

So somebody thought they could read the courts mood and posited their hypothesis?

Or they just spoke shit?
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I've no idea how this might go.

The fact that the ruling has at stages gone each way, suggests that ultimately, it could go in either.

In terms of justice, this was obviously a case of giving players inflated wages by enabling them to duck tax obligations.  I don't think anyone seriously argues otherwise - certainly not Billy Dodds, certainly not the internal Ibrox e-mails relating to Papac that were unearthed by Mark Daly and certainly not even Kincardine.

In terms of the law though, who knows?  It's capable of being quite the ass.

Edited by Monkey Tennis
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11 minutes ago, Forever_blueco said:

https://www.ftadviser.com/regulation/2017/03/16/hmrc-moving-goal-posts-on-rangers-fc-case/

 

the reports I am reading don't seem to confident in hmrc' case to be honest @The DA

Tax lawyer, specialising in helping high earners avoid paying tax, thinks HMRC are being nasty to his current and future clients.  Allan Maxwell, further down that article, suggests a different viewpoint.

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Regardless of whether Rangers were involved or not, it would be an absolute fucking disgrace if the court doesn't find in HMRC's favour. I hope that every single person that was involved in such a scheme gets taken to the cleaners for what they owe. 

The ordinary plebs who pay up without question are the folk that have to fund that shit, we should never forget that.

 

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1 minute ago, Joey Jo Jo Junior Shabadoo said:

Regardless of whether Rangers were involved or not, it would be an absolute fucking disgrace if the court doesn't find in HMRC's favour. I hope that every single person that was involved in such a scheme gets taken to the cleaners for what they owe. 

The ordinary plebs who pay up without question are the folk that have to fund that shit, we should never forget that.

 

Spot on.

Of course the fact that it's Rangers makes many of us care more, but the reality is that such schemes are utterly disgusting morally, regardless of who attempts to operate them.

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9 hours ago, Forever_blueco said:

Arguing the same shite day after day seems the dictionary definition of fun . Following tweets and whipping yourself into a frenzy over courts cases regarding things such as disputed bets sounds like Such glorious fun . Can see where I have been going wrong all my life . 

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On 3/16/2017 at 11:15, weirdcal said:

Daft question i am sure... but do the ebt side letters say rangers football club plc or just club when it indemnifies the player?

If its the former, then different company argument will hold.

 

That there's been a different company has never been an issue.  Most teams in Scotland don't chart their club's history as being co-terminus with its registered company.

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20 minutes ago, The_Kincardine said:

That there's been a different company has never been an issue.  Most teams in Scotland don't chart their club's history as being co-terminus with its registered company.

I would like the opinion of Airdrie fans on this one

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That there's been a different company has never been an issue.  Most teams in Scotland don't chart their club's history as being co-terminus with its registered company.


You say most teams in Scotland don't. Can you confirm who else would fall into this group of teams, alongside Rangers?
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3 minutes ago, dave.j said:

 


You say most teams in Scotland don't. Can you confirm who else would fall into this group of teams, alongside Rangers?

 

The Whistle springs to mind.  You don't marry the history of your founding with your company registration.  Do you?

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