Karl`s PC Help Forums

This. Changes. Everything.
marymary100 - 20-11-2012 at 17:04

http://www.bbc.co.uk/news/uk-scotland-glasgow-west-20414804

Rangers wins tax case...


crikey - 20-11-2012 at 19:37

Did all those "borrowers" repay their "loans", I wonder? If not, where do they stand now? I know the old Rangers is kaput, but that can't mean those debts died with it - or does it?


marymary100 - 20-11-2012 at 19:52

It's very complex. It means that pursuing a bankrupt company for unpaid tax is not worth the legal costs, probably. Whereas the outstanding loans would, I think, go back to the new company?


marymary100 - 20-11-2012 at 21:56

Tweet from Herald journalist:

Bitter sweet night for #Rangers. Win big tax case. Celtic beaten by Benfica in ChampionsLeague. Still in Third Division.