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
Personalities:   Almunia, Joaquín  
Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL

Tags: Ship | Spain | State aid | Taxation
RAPID: INFO PRESS,
© European Union, 2013   /   Source: EC - Audiovisual Service
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
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
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

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
Video Player   Need some help?


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


Wed 07/02
European Commission - Upcoming events The news: After a first successful edition last year, the EU Industry Day is coming back with an extended edition. On 22 and 23 February, 600 participants, key industrial, finance, research and innovation players as well as high-level EU policymakers will gather in Brussels to take...
Fri 09/02
European Commission - Upcoming events The news The conference, co-chaired by the European Union, the United Nations, the African Union and the G5 Sahel, will focus on strengthening much-needed international support to Africa's Sahel countries in the areas of security and development, notably through the G5 Sahel Joint Force.
Fri 23/02
European Commission - Commissioners' weekly activities Brussels, 23 February 2018 (Susceptible de modifications en cours de semaine) Déplacements et visites   Dimanche 25 février 2018 President Jean-Claude Juncker in Skopje, former Yugoslav Republic of Macedonia: meets Mr Zoran Zaev, Prime Minister of the former Yugoslav Republic of Macedonia; holds a...
Fri 23/02
European Commission - Press release Brussels, 23 February 2018 Significant political, security and development support were mobilised today for Africa's Sahel region. The International High Level Conference on the Sahel, co-chaired today by the European Union, the United Nations, the African Union and the G5 Sahel group of countries (Burkina...
Fri 23/02
European Commission - Daily News Daily News 23 / 02 / 2018 Brussels, 23 February 2018 President Juncker participates in the informal meeting of the 27 EU Heads of State or Government, 23 February 2018 As part of the Leaders' Agenda, today EU leaders, including President Juncker, will hold an...
Fri 23/02
European Commission - Speech - [Check Against Delivery] Speech Brussels, 23 February 2018 It is a great pleasure to open this Panel on the EU Batteries Alliance. Our objective for the Alliance is simple, but the challenge is immense.
Fri 23/02
European Commission - Speech - [Check Against Delivery] Speech Brussels, 23 February 2018 @ European Commission 2018   Ladies and gentlemen, Good afternoon. I'm very happy to be at the European Industry Days again this year. Industry is at the heart of the story of Europe.
Fri 23/02
European Commission - Speech - [Check Against Delivery] Speech Brussels, 23 February 2018   @ European Commission 2018 Dear Ladies and Gentlemen, It is a pleasure to welcome you to the second edition of the European Industry Day. And it is great to see the enthusiasm for this Day.
Fri 23/02
European Commission - EUROSTAT Brussels, 23 February 2018 Euro area annual inflation rate was 1.3% in January 2018, down from 1.4% in December 2017. In January 2017, the rate was 1.8%. European Union annual inflation was 1.6% in January 2018, down from 1.7% in December 2017.
Thu 22/02
European Commission - Press release Brussels, 22 February 2018 The EU Civil Protection Mechanism will be strengthened thanks to a new and important contribution from Luxembourg. Its satellite-based communication platform emergency.lu will establish internet and telephone communication directly in the aftermath of a crisis.

Go to useful links page Useful links

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


Credit © European Union, 2018