Siam69 26,874 Posted November 30, 2015 Share Posted November 30, 2015 http://www.telegraph.co.uk/sport/football/teams/rangers/12025850/Rangers-liquidators-confident-of-victory-if-EBT-appeal-goes-ahead.html#disqus_threadRangers liquidators confident of victory if EBT appeal goes ahead The clubs' oldco liquidators have asked for leave to appeal the long standing Ibrox ‘Big Tax Case’What next in the latest Rangers saga? Photo: PA By Roddy Forsyth6:15PM GMT 30 Nov 20154 Comments Rangers’ oldco liquidators have asked for leave to appeal the long standing Ibrox ‘Big Tax Case’ – as it has become known – to the Supreme Court in London, as exclusively revealed by Telegraph Sport.If leave to appeal is granted by the Court of Session in Edinburgh, the debate about the propriety of 15 honours won by Rangers between 2001 and 2011 will be shelved for at least another year. The issue concerns Rangers’ use of EBTs (Employment Benefit Trusts) during that period to enhance the contracts of players and other employees.HMRC has been vexed by the avoidance ploy for 15 years and brought in legislation in respect of disguised remuneration in 2011 to close the loopholes which the creators of EBT schemes had attempted to exploit to reduce the tax burden on their clients. BDO, representing the Rangers oldco which was liquidated in the summer of 2012, won the first two lower tribunal hearings which adjudicated on HMRC’s claim.However, the tax authority at last achieved a favourable return from the Court of Session earlier this month, when Lord Carloway, sitting with Lord Menzies and Lord Drummond Young, ruled that if income was derived from employees’ services, in their capacity as employees, it was an emolument or earnings and, in the words of the judgment, "thus assessable to income tax".Rangers face an uncertain futureLord Drummond Young made the observation that if EBTs had not been in operation at Ibrox certain players "might well have taken their services elsewhere", a remark that fuelled renewed clamour amongst supporters of rival clubs to have Rangers stripped of the five Scottish championships, four Scottish Cup successes and six Scottish League Cup triumphs achieved while the avoidance scheme was in operation.However, it is believed that one argument against the supposition that Rangers secured players by means of EVTs is that a range of variable inducements were in operation at that time and not only at Ibrox. Other avoidance schemes involved investment in such vehicles as film production companies and forestry development.Last week the former Dutch international midfielder, Ronald de Boer – now manager of Ajax – said of his decision to move to Ibrox in 2000: "At that time, I could also have gone to Manchester United but I chose Rangers.“That was with my heart and not only for the money. I played with all my heart for Rangers. It was the same (money at United) but I was afraid for my knee at that time and Rangers gave me a four-year deal whereas United gave me three years.”Lord Drummond Young also remarked that the Court of Session ruling accorded with “common sense”. It is thought that this observation will be disputed in the appeal to the Supreme Court if leave is granted to take the case to the next level.There could be more tough times ahead for Rangers fansTelegraph Sport also understands that opinion amongst London legal experts holds that BDO has a strong chance of having the Court of Session verdict overturned should the matter be heard for a fourth time and that it was a certainty that the liquidators would appeal from the moment the Edinburgh decision was published.A statement from BDO today said: “Following discussions with the company's legal advisers and the liquidation committee, the joint liquidators have filed an application seeking leave to appeal the Inner House of the Court of Session decision in respect of the EBT case."If the company successfully obtains leave to appeal, the appeal will be heard in the Supreme Court in London. The joint liquidators are not in a position at this stage to make any further comment in respect of the appeal."It was Telegraph Sport which first revealed that several Premier League clubs in England, including Arsenal, had agreed settlements with HMRC in respect of EBT and other tax avoidance schemes.Celtic are the only club in Scotland, apart from Rangers, who are known to have used an EBT contract. They did so for Juninho, who played for the Parkhead side in 2004-05, and who received his cash after he left the club, unlike those at Ibrox who were beneficiaries while still playing there.Meanwhile, following another Telegraph Sport exclusive the bookmakers installed Mark Warburton as favourite to end Fulham’s long search for a successor to Kit Symons.The Rangers manager, however, distanced himself from the Craven Cottage club’s latest move. "It's very flattering. It's always good to be linked.“There are lots of times in your life when you're not linked to jobs, that's for sure. All you can do is put your head down and do your job here. The amount of clubs who change their managers down south is increasing year on year."I'm the Rangers manager. It's a huge club here. There's some big clubs in the English Championship - there's no doubt about that - but this is a huge club.” Quote Link to post Share on other sites More sharing options...
TheQueensEleven 1,355 Posted November 30, 2015 Share Posted November 30, 2015 Last week the former Dutch international midfielder, Ronald de Boer – now manager of Ajax – said of his decision to move to Ibrox in 2000: "At that time, I could also have gone to Manchester United but I chose Rangers.“That was with my heart and not only for the money. I played with all my heart for Rangers. It was the same (money at United) but I was afraid for my knee at that time and Rangers gave me a four-year deal whereas United gave me three years.”Someone best tell his brother. Quote Link to post Share on other sites More sharing options...
PaulReid 184 Posted November 30, 2015 Share Posted November 30, 2015 Honestly thought they might not appeal for a min thereAnother year to wait tho and we are guilty till then Quote Link to post Share on other sites More sharing options...
WATP-FOREVER 5,231 Posted November 30, 2015 Share Posted November 30, 2015 Honestly thought they might not appeal for a min thereAnother year to wait tho and we are guilty till thenTwo wan is not guilty mate. Quote Link to post Share on other sites More sharing options...
magic8ball 27,901 Posted November 30, 2015 Share Posted November 30, 2015 Good he brings up the film industry tax avoidance,many schemes involving companies who never even produced any films Also good he brings up the fact Juninho received his when he had left that showerGoing by the figures paid to players like capucho ,who received almost 1m through the trust it made me think that a sizeable amount of money that went to the trust was to players that had left and that includes Barry Ferguson Maybe one day these figures can be broken down so we can see what the actual playing staff gained through these loans while actually playing for the club Quote Link to post Share on other sites More sharing options...
K.A.I 36,183 Posted November 30, 2015 Share Posted November 30, 2015 If/when we win the appeal questions should be asked of the tarrier that had a hand in the HMRC result the other week. Again, we won't, though. That's equally as sickening. Quote Link to post Share on other sites More sharing options...
BridgeIsBlue 66,606 Posted November 30, 2015 Share Posted November 30, 2015 The comments :lol: Quote Link to post Share on other sites More sharing options...
eejay the dj 31,964 Posted November 30, 2015 Share Posted November 30, 2015 Siam 69 .See the mutant you have as your avatar ,she would wear that with a badge of honour knowing her photo is on here .I have met the thickoid twice and she really is the dimest of rodents .Go on change it mate .Her ugly face really makes me ill Quote Link to post Share on other sites More sharing options...
mabawsa 888 Posted November 30, 2015 Share Posted November 30, 2015 Roddy the Proddy telling it as it is with the other tax avoidance schemes.... Quote Link to post Share on other sites More sharing options...
Siam69 26,874 Posted November 30, 2015 Author Share Posted November 30, 2015 Siam 69 .See the mutant you have as your avatar ,she would wear that with a badge of honour knowing her photo is on here .I have met the thickoid twice and she really is the dimest of rodents .Go on change it mate .Her ugly face really makes me ill Naw, mate!Every time I look at it, it reminds me of how absolutely thick and deluded they are, I couldn't stop laughing at her being interviewed, saying the other team's supporters (I forget who it was that chinned them in the semi that day, St Johnston?) were coming onto the pitch and kicking ra Sellick players amongst other mindbowing and profound statements. If their embarrassment wasn't bad enough that day, she certainly made it worse...If I was a taig I'd cringe with embarrassment every time I seen that mutant's face, and it's no wonder! Also no wonder the muppet doing the interviewing was given a hard time by them for it, and that the clips were taken down sharpish.It's just the typical calibre of people they attract, and how them view the world.Every time I see her face I laugh, whilst if I was a taig, I'd cringe.So sorry mate, naw SHITE Quote Link to post Share on other sites More sharing options...
harlands plater 16,974 Posted November 30, 2015 Share Posted November 30, 2015 Roddy the Proddy telling it as it is with the other tax avoidance schemes....He was a bluenose at school, not so sure about now. Quote Link to post Share on other sites More sharing options...
cumnockbear 2,446 Posted November 30, 2015 Share Posted November 30, 2015 Naw, mate!Every time I look at it, it reminds me of how absolutely thick and deluded they are, I couldn't stop laughing at her being interviewed, saying the other team's supporters (I forget who it was that chinned them in the semi that day, St Johnston?) were coming onto the pitch and kicking ra Sellick players amongst other mindbowing and profound statements. If their embarrassment wasn't bad enough that day, she certainly made it worse...If I was a taig I'd cringe with embarrassment every time I seen that mutant's face, and it's no wonder! Also no wonder the muppet doing the interviewing was given a hard time by them for it, and that the clips were taken down sharpish.It's just the typical calibre of people they attract, and how them view the world.Every time I see her face I laugh, whilst if I was a taig, I'd cringe.So sorry mate, naw SHITE Inverness. Quote Link to post Share on other sites More sharing options...
Orange Persson 547 Posted December 1, 2015 Share Posted December 1, 2015 I love the Avatar Siam. How much time did you spend on stake outs to get the candid nature of the shot? Do you have to pay her any copyrights to use it? I can't think that her images are not sewn up as intellectual property. Quote Link to post Share on other sites More sharing options...
K.A.I 36,183 Posted December 1, 2015 Share Posted December 1, 2015 I love the Avatar Siam. How much time did you spend on stake outs to get the candid nature of the shot? Do you have to pay her any copyrights to use it? I can't think that her images are not sewn up as intellectual property.Me too lolI might not be a fan of his boardroom section politics but the avatar is a belter It stays Quote Link to post Share on other sites More sharing options...
NixonRFC 1,333 Posted December 1, 2015 Share Posted December 1, 2015 Of course they think theyll win, they wouldn't be appealing otherwise. Quote Link to post Share on other sites More sharing options...
bearsinbath 95 Posted December 1, 2015 Share Posted December 1, 2015 He was a bluenose at school, not so sure about now.Cried when the Mhanks beat Barcelona! With Joy! Quote Link to post Share on other sites More sharing options...
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