BDO, the liquidators in the long running Murray Group Holdings case ([2015] CSIH 77, also known as ‘the Rangers case’) are returning to the Court of Session, seeking permission to take the case on to the Supreme Court. They want to overturn the court’s November 2015 decision that the football club’s use of EBTs was subject to income tax, as the EBTs were ‘a mere redirection of emoluments or earnings’ and not tax-exempt loans. The initial hearing has been set for 24 February 2016.
BDO, the liquidators in the long running Murray Group Holdings case ([2015] CSIH 77, also known as ‘the Rangers case’) are returning to the Court of Session, seeking permission to take the case on to the Supreme Court. They want to overturn the court’s November 2015 decision that the football club’s use of EBTs was subject to income tax, as the EBTs were ‘a mere redirection of emoluments or earnings’ and not tax-exempt loans. The initial hearing has been set for 24 February 2016.
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