Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Press conference by Joaquín Almunia on tax benefits granted by Spain to certain EIG and their investors

7 123 views

On 17 July 2013, Joaquín Almunia, Vice-President of the EC in charge of Competition, held a press conference on the Commission's call for recovery of tax benefits granted by Spain to certain Economic Interest Groupings (EIG) and their investors. After an in-depth investigation, the European Commission concluded that a Spanish scheme for the purchase of ships involving leasing and financing through tax relief is partly incompatible with EU rules on State aid. This scheme, which was set up in 2002, conferred a selective advantage on economic interest groupings and their investors over their competitors. The Commission was not notified of the scheme for the purpose of prior authorisation as required. Under European rules, the beneficiaries must now repay the aid to the Spanish State. In accordance with the principle of legal certainty, the Commission will not require the repayment of aid granted between the start of the scheme in 2002 and April 2007, when the Commission publicly declared a similar French scheme incompatible.

Type: Complete press conference   Reference: I-080822   Date: 17/07/2013   Duration: 28:44 Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL,
© European Union, 2013   /   Source: Producer: EC - Audiovisual Service   /   Producer: Executive producer: ALL TV
To download, please log in







Related videos

07:37  Decision on the Spanish Tax Lease:- press conference by  Joaquín ALMUNIA, Vice-President of the EC in charge of Competition
Decision on the Spanish Tax Lease:- press conference by Joaquín ALMUNIA, ...
Ref: I-080843
Date: 17/07/2013
03:42 Extracts from the press conference by Joaquín Almunia on tax benefits granted by Spain to certain EIG and their investors
Extracts from the press conference by Joaquín Almunia on tax benefits granted by ...
Ref: I-080823
Date: 17/07/2013
28:44 Press conference by Joaquín Almunia on tax benefits granted by Spain to certain EIG and their investors
Press conference by Joaquín Almunia on tax benefits granted by Spain to certain ...
Ref: I-080822
Date: 17/07/2013

Related photos

Press conference by Joaquín Almunia, Vice-President of the EC, on tax benefits granted by Spain to certain EIG and their investors
Press conference by Joaquín Almunia, Vice-President of the EC, on tax benefits ...
Ref: 023778
Date: 17/07/2013


You don't find what you are looking for? Ask us!


Fri 22/09
European Commission - Upcoming events The news: On Wednesday, 4 October 2017, the European Commission has scheduled toadopt its monthly infringements package. These decisions seek to enforce EU law across Europe so that citizens and businesses can benefit fully from the internal market.
Mon 11/09
European Commission - Upcoming events The news: The European Union will host the fourth edition of Our Ocean conference in Malta, 5 - 6 October 2017. Our Ocean conference aims to inspire joint solutions and ambitious commitments in managing seas and oceans – which cover 75% of our planet.
Mon 18/09
European Commission - Upcoming events The news: As part of the process started with the publication of the Reflection Paper on the Future of EU finances, the Commission is organising on 25 September 2017 a conference on the challenges ahead of the European Union budget and the ways to address...
Fri 22/09
European Commission - Commissioners' weekly activities Brussels, 22 September 2017 (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 25 septembre 2017 General Affairs Council (GAC), in Brussels President Jean-Claude Juncker receives the members of the European Affairs Committee of the Dutch Senate.
Fri 22/09
European Commission - Press release Brussels, 22 September 2017 The European Union will organise a second Brussels Conference on Supporting the Future of Syria and the Region in spring 2018. This was announced yesterday by High Representative/Vice-President Federica Mogherini during a high-level event on the Syria crisis, hosted by the EU in the...
Fri 22/09
European Commission - Fact Sheet Brussels, 22 September 2017 EU - US Agreement on insurance and reinsurance 1. THE AGREEMENT Why is the EU signing this Agreement? The Agreement will principally benefit EU reinsurers active in the USA by progressively removing collateral requirements.
Fri 22/09
European Commission - Daily News Daily News 22 / 09 / 2017 Brussels, 22 September 2017 Une eau potable plus saine et plus accessible en Roumanie grâce aux investissements de l'UE 129 millions d'euros du Fonds de Cohésion sont investis dans six projets pour garantir un meilleur accès à l'eau...
Fri 22/09
European Commission - Statement Brussels, 22 September 2017 In her speech in Florence, Prime Minister Theresa May has expressed a constructive spirit which is also the spirit of the European Union during this unique negotiation.
Thu 21/09
European Commission - Press release Brussels, 21 September 2017 Taxation: Commission sets out path towards fair taxation of the Digital Economy The European Commission is today launching a new EU agenda to ensure that the digital economy is taxed in a fair and growth-friendly way.
Thu 21/09
European Commission - Fact Sheet Brussels, 21 September 2017 Questions and Answers on the Communication on a Fair and Efficient Tax System in the EU for the Digital Single Market Why is the Commission addressing digital tax now? The taxation of the digital economy is part of the Juncker Commission's...


Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2017