Gazza_8 233 Posted January 19, 2012 Share Posted January 19, 2012 There's a few rumours flying about that the HMRC tax case has been flung out of court as HMRC haven't enough evidence to get a conviction against us. Maybe a timmy themed wind-up? Who knows. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,342 Posted January 19, 2012 Share Posted January 19, 2012 If it had been thrown out then they would have announced it. Yes, wind-up most likely. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,151 Posted January 19, 2012 Share Posted January 19, 2012 The whole tax tribunal has been conducted under the utmost secrecy. Whilst I do expect information to filter out eventually, I doubt it will come from people on message-boards. 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted January 19, 2012 Share Posted January 19, 2012 Its not a criminal trial so there won't be a "conviction", its a tribuneral, its purpose is to determine whether or not HMRCs assessment of the tax liability is correct. Its not so much about evidence more about the interpretation of the tax statutes and the whether what was done by the club falls within one of the permitted tax exempt schemes. Trying to avoid tax is perfectly legal, though it can be expensive if you mess it up, tax evasion is illegal and CAN land you in the criminal courts. As far as I know, no one has suggested that Rangers have been involved in ta evasion. 0 Quote Link to post Share on other sites More sharing options...
capstans 0 Posted January 19, 2012 Share Posted January 19, 2012 Has such a high profile case ever ended without any announcement on the day that it is concluded and decision is pending. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,249 Posted January 19, 2012 Share Posted January 19, 2012 Yep, there's one chap on FF telling that the HMRC people did not look that happy when entering the place yesterday, while Thornhill and Co. appeared to be in good spirits. But since we only have his posts for it, no back-up whatsoever, it may well by an Operation Tango - clone attempt. Anyway, the only real reason I can think of - with regard to a total collapse of their case - might be that while these EBT schemes were deemed illegal since 2010, a predating of MIH's use of them was thrown out by the judge. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,342 Posted January 19, 2012 Share Posted January 19, 2012 Has such a high profile case ever ended without any announcement on the day that it is concluded and decision is pending. I presume that it happens all the time. The arguments and evidence has been heard and now needs to be considered and reviewed, which could take some time, before the decision is announced. 0 Quote Link to post Share on other sites More sharing options...
biggordy 0 Posted January 19, 2012 Share Posted January 19, 2012 I still have difficulty in accepting that HMRC have any case whatsoever. "Loopholes" are not illegal !!! Mind you, I ain't no tax accountant !!! 0 Quote Link to post Share on other sites More sharing options...
Gazza_8 233 Posted January 19, 2012 Author Share Posted January 19, 2012 Its not a criminal trial so there won't be a "conviction" You get convictions whether it's criminal or not. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted January 19, 2012 Share Posted January 19, 2012 You get convictions whether it's criminal or not. Not having a pop mate, but how can you get convicted of doing something that's legal. 0 Quote Link to post Share on other sites More sharing options...
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