Comment deleted by Site Moderator
I have read that had Rangers been found not guilty then it would have been front page news already.
Either way it would be front page news!
It's not going to be as simple as a win or lose verdict.
Each transaction has been investigated and there will most likely be a partial lability.
OldCo will probably get a bill for about £10m I recon.
I seriously doubt it will be either a total acquittal or the whole £90m.
IF guilty, what will the punishment be?
On the other hand, if Celtic fans had news that Rangers had lost the appeal against the tax bill they would be shouting it from the rooftops!
We'll see....
Ginger
http://videocelts.com/2012/10/blogs/rangers-tax-case-verdict-given
3rd
Not really because to MIH and D&P its not really news they wanted if as I assume it has gone against and HMRC dont do press releases. Had it been in Rangers favour dont you think that either MIH, D&P or even Green would have jumped on sharing the good news
Dont worry at this afternoons postmatch interview McCoist will demand to know now
But someone in the media would get wind of the outcome somehow!
Agree mitre , that said I dont think the any figure has any real bearing . It was always about precident for HMRC.
Where it will effect old Rangers is in giving BDO further power to chase those involved with the old club.
Ture 3rd it would be amazing if not many dont have the information already within the media. Its early yet and there might well be stories doing the round before the days out mate
Is this factual scotscelt,or merely the fancy of your sleep-deprived alcohol-addled brain?
At the end of the day if HMRC dont get the full whack!
This whole case will be seen as a waste of tax payers money and time and it wont have the required effect they were hoping.
The thing with HMRC is they have to be more consistent and chase everyone for what they owe ie Starbucks, Vodafone and football clubs etc
They cant just pick and choose one to make an example of!
Basically the source is RTC & McGillivan (as they are seemingly joined by some sort of mind meld).
Strange that all decisions made by the tribunal are always published within 2 working weeks of the decision being made. So if it was made end September, it would be on the Judiciary Website by now.
http://www.financeandtaxtribunals.gov.uk/Aspx/default.aspx
And only football club on there is Falkirk, losing an appeal against late payment of PAYE.
Does not take a huge leap to predict that the result will be announced shortly, given we only have 11 days of the month left!
They cant just pick and choose one to make an example of!
..........
Yes they can.
They can also use Rangers to set a precedent before pursuing others.
If they humble the last bastion of empire, nobody is safe.
I wouldn't be surprised if this October thing was yet another false alarm and it dragged on further.
But I wouldn't claim to have any actual knowledge of it.
Yes they can.
They can also use Rangers to set a precedent before pursuing others.
If they humble the last bastion of empire, nobody is safe.
Hector they cant, it is turning into a Kangaroo Court!
I dont know if you have kept up to date, with the whole Starbucks think but they basically open up stores which lose money, but then make profit by not paying TAX!
3rd - Starbucks actually broke no laws - they have a group structure, and save on tax payments by channeling profits from one area into a loss making one elsewhere, or create private suppliers within group which require to be paid "at arm's length" at wholesale levels.
Morally, very iffy at best. Legally, unless you want laws across the whole of the EU to change and reciprocal laws with USA, Canada, Brazil, most of Asia, to change, you are stuck with it.
As to HMRC, any victory for them here gets them very little cash - they know that. But they are certainly looking for the precedent to move in on the cash cow of the EPL.
I know they employ millions around the world!
HMRC need to tax evry company comparable to wealth and individuals.
They cant just have a best pals act with some companies cos they will threaten to leave the country!
Is Green not threatening to leave the country with his Euro league delusion?
never mind aw that... 4 nil
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posted on 20/10/12
Comment deleted by Site Moderator
posted on 20/10/12
I have read that had Rangers been found not guilty then it would have been front page news already.
Either way it would be front page news!
posted on 20/10/12
It's not going to be as simple as a win or lose verdict.
Each transaction has been investigated and there will most likely be a partial lability.
OldCo will probably get a bill for about £10m I recon.
I seriously doubt it will be either a total acquittal or the whole £90m.
posted on 20/10/12
IF guilty, what will the punishment be?
posted on 20/10/12
On the other hand, if Celtic fans had news that Rangers had lost the appeal against the tax bill they would be shouting it from the rooftops!
We'll see....
posted on 20/10/12
Ginger
http://videocelts.com/2012/10/blogs/rangers-tax-case-verdict-given
3rd
Not really because to MIH and D&P its not really news they wanted if as I assume it has gone against and HMRC dont do press releases. Had it been in Rangers favour dont you think that either MIH, D&P or even Green would have jumped on sharing the good news
posted on 20/10/12
Dont worry at this afternoons postmatch interview McCoist will demand to know now
posted on 20/10/12
But someone in the media would get wind of the outcome somehow!
posted on 20/10/12
Agree mitre , that said I dont think the any figure has any real bearing . It was always about precident for HMRC.
Where it will effect old Rangers is in giving BDO further power to chase those involved with the old club.
posted on 20/10/12
Ture 3rd it would be amazing if not many dont have the information already within the media. Its early yet and there might well be stories doing the round before the days out mate
posted on 20/10/12
Is this factual scotscelt,or merely the fancy of your sleep-deprived alcohol-addled brain?
posted on 20/10/12
At the end of the day if HMRC dont get the full whack!
This whole case will be seen as a waste of tax payers money and time and it wont have the required effect they were hoping.
The thing with HMRC is they have to be more consistent and chase everyone for what they owe ie Starbucks, Vodafone and football clubs etc
They cant just pick and choose one to make an example of!
posted on 20/10/12
Basically the source is RTC & McGillivan (as they are seemingly joined by some sort of mind meld).
Strange that all decisions made by the tribunal are always published within 2 working weeks of the decision being made. So if it was made end September, it would be on the Judiciary Website by now.
http://www.financeandtaxtribunals.gov.uk/Aspx/default.aspx
And only football club on there is Falkirk, losing an appeal against late payment of PAYE.
Does not take a huge leap to predict that the result will be announced shortly, given we only have 11 days of the month left!
posted on 20/10/12
They cant just pick and choose one to make an example of!
..........
Yes they can.
They can also use Rangers to set a precedent before pursuing others.
If they humble the last bastion of empire, nobody is safe.
posted on 20/10/12
I wouldn't be surprised if this October thing was yet another false alarm and it dragged on further.
But I wouldn't claim to have any actual knowledge of it.
posted on 20/10/12
Yes they can.
They can also use Rangers to set a precedent before pursuing others.
If they humble the last bastion of empire, nobody is safe.
Hector they cant, it is turning into a Kangaroo Court!
I dont know if you have kept up to date, with the whole Starbucks think but they basically open up stores which lose money, but then make profit by not paying TAX!
posted on 20/10/12
3rd - Starbucks actually broke no laws - they have a group structure, and save on tax payments by channeling profits from one area into a loss making one elsewhere, or create private suppliers within group which require to be paid "at arm's length" at wholesale levels.
Morally, very iffy at best. Legally, unless you want laws across the whole of the EU to change and reciprocal laws with USA, Canada, Brazil, most of Asia, to change, you are stuck with it.
As to HMRC, any victory for them here gets them very little cash - they know that. But they are certainly looking for the precedent to move in on the cash cow of the EPL.
posted on 20/10/12
I know they employ millions around the world!
HMRC need to tax evry company comparable to wealth and individuals.
They cant just have a best pals act with some companies cos they will threaten to leave the country!
posted on 20/10/12
Is Green not threatening to leave the country with his Euro league delusion?
posted on 20/10/12
never mind aw that... 4 nil
Page 1 of 1