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BRIT REVENUE AND CUSTOMS GIVES UP ON RANK V.A.T. ISSUE
December 6, 2011 : HM Revenue & Customs confirms Rank group's bingo claims after a long fight through the courts
Her Majesty's Revenue and Customs Department has finally conceded defeat in its long value added tax tussle over bingo with the Rank plc gambling group.
In a press statement Tuesday, Rank noted an announcement earlier in the day from HM Revenue & Customs' confirming that the group's claims for overpaid VAT on bingo (for which Rank has received GBP 253 million - will not be contested further.
This confirms Rank's analysis of the European Court of Justice's decision on the group's bingo claims, which was announced on 10 November 2011.
Rank's victory is only partial at this point. HMRC's announcement goes on to say that it will continue to contest Rank's claim for overpaid VAT on gaming machines (for which Rank has so far received GBP 30.8 million).
Rank anticipates that the next stage of this litigation will be heard in the UK courts in the first half of 2012.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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