Rangers Big Tax Case: Who benefitted from EBTs?

via The Scotsman |

THE Court of Session today ruled that the Employee Benefit Trust scheme operated by Sir David Murray between 2001 and 2010 was “subject to income tax”.

Her Majesty’s Revenue and Customs (HRMC) had lost its original appeal against a tax tribunal ruling on payments made by companies belonging to Murray, including Rangers.

EBTs were used to make payments to Rangers players between the tax years 2000/01 and 2009/10. HMRC…

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