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ECJ confirms France Télécom received a selective advantage under the tax rules

  • Nabarro LLP
  • -
  • European Union
  • -
  • December 16 2011

The ECJ upheld the General Court’s decision that the special tax regime afforded to France Télécom (FT) between 1994 and 2002 constituted state aid

Gibraltar’s tax advantages for offshore companies amount to state aid says the ECJ

  • Nabarro LLP
  • -
  • European Union, Gibraltar
  • -
  • December 1 2011

Gibraltar’s status as a tax haven has suffered a blow after the ECJ upheld a Commission decision that the proposed corporate tax reforms conferred material selective advantage on offshore companies

ECJ confirms that Italian tax reductions to newly-listed companies constitute illegal aid

  • Nabarro LLP
  • -
  • European Union, Italy
  • -
  • December 1 2011

The ECJ has confirmed on appeal (C-45809P) that an Italian aid scheme to grant tax reductions to newly-listed companies was unlawful

Commission prohibits aid to casinos but finds no aid given in the privatisation of Casino Mont Parnès

  • Nabarro LLP
  • -
  • European Union, Greece
  • -
  • May 31 2011

The Commission has concluded two investigations into Greek casinos begun in July 2010

Corporate tax rule permitting offset of loses against future profits is illegal aid

  • Nabarro LLP
  • -
  • Germany
  • -
  • February 3 2011

A rule in German corporate tax law, the so called 'reorganisation clause' that allows an ailing company to offset losses in one year against profits in future years, despite changes in its shareholder structure, amounts to state aid

German tax breaks for ailing companies under investigation

  • Nabarro LLP
  • -
  • European Union, Germany
  • -
  • March 4 2010

The European Commission is investigating a tax measure allowing troubled German companies, whose shareholdings undergo major changes, to carry forward fiscal losses

Mixed response to Denmark's environmental tax relief for the cement industry

  • Nabarro LLP
  • -
  • Denmark, European Union
  • -
  • November 27 2009

In June 2008 Denmark proposed two tax-relief schemes to the European Commission ("Commission"), only one of which has been approved

Commission investigates Dutch tax exemption

  • Nabarro LLP
  • -
  • European Union, Netherlands
  • -
  • February 27 2009

The European Commission (Commission) is formally investigating the Dutch tax exemption on natural gas used in installations for producing ceramic products

Italy ordered to recover unlawful aid from privatised banks

  • Nabarro LLP
  • -
  • European Union, Italy
  • -
  • March 31 2008

Under Italy’s 2004 Finance Law former State-owned banks were charged a nominal 9 per cent tax instead of the usual 37.25 per cent company tax, resulting in them releasing hidden capital gains matured during their privatisation

French investment scheme for SMEs cleared

  • Nabarro LLP
  • -
  • European Union, France
  • -
  • March 31 2008

The European Commission (Commission) has raised no objections to a tax scheme offering a reduction to the French solidarity tax on wealth (STW) for those who invest in small and medium enterprises (SMEs

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