Tax bill that prompted Rangers’ collapse ‘overestimated by £50m’

The old operating company of Scottish Premiership football club Rangers’ is to see up to £50m (€58.4m/$64.2m) wiped off the tax bill it owes Her Majesty’s Revenue and Customs (HMRC) as part of the scandal that led to its high-profile collapse in 2012, it has been claimed.

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