Oldco Rangers liquidators lose Supreme Court appeal into HMRC tax dispute
via Soccernet Nigeria |
The Supreme Court has ruled in favour of Her Majesty’s Revenue and Customs in its fight with Rangers over the club’s use of Employee Benefit Trusts.
The tax authority opened its investigation into Rangers in 2010 after about £50m worth of payments were made to dozens of employees through EBTs from 2001, and the case continued after the Glasgow-based club was liquidated over an unrelated tax debt in 2012.
The
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