Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Extracts from the press conference by Joaquín Almunia on tax benefits granted by Spain to certain EIG and their investors

53 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.
SHOTLIST INFO PRESS MEMO

Type: Summary of press conference   Reference: I-080823   Date: 17/07/2013   Duration: 03:42
Personalities:   Almunia, Joaquín  
Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL

Tags: Ship | Spain | State aid | Taxation
© European Union, 2013   /   Source: EC - Audiovisual Service
Director: Ines Espana
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
Video Player   Need some help?


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


Wed 26/07
European Commission - Press release Brussels, 27 July 2017 The 9th Security Union progress report, published today, highlights the recent steps taken to prevent terrorist financing through trafficking in cultural goods and improve the interoperability of EU information systems.
Wed 26/07
- Press release European Commission Brussels, 26 July 2017 The European Commission acts today to protect the rule of law in Poland. The Commission substantiates its grave concerns on the planned reform of the judiciary in Poland in a Rule of Law Recommendation addressed to the Polish authorities.
Wed 26/07
European Commission - Press release Brussels, 26 July 2017 Today, the Commission has adopted its 14th progress report on relocation of asylum seekers within the EU and resettlement of refugees from outside the EU. With relocations reaching record levels in June (with over 2,000 relocated from Greece and almost 1,000...
Wed 26/07
European Commission - Press release Brussels, 26 July 2017 The European Commission has today sent reasoned opinions to the Czech Republic, Hungary and Poland for non-compliance with their legal obligations on relocation. Despite repeated calls for action and the launch of infringement procedures by the Commission last month, these three...
Wed 26/07
European Commission - Fact Sheet Brussels, 26 July 2017 The European Commission can confirm that on 16 May 2017 its officials carried out unannounced inspections at the premises of companies active in ethylene purchasing, in several Member States.
Wed 26/07
European Commission - Daily News Daily News 26 / 07 / 2017 Brussels, 26 July 2017 European Commission acts to preserve the rule of law in Poland The European Commission acts today to protect the rule of law in Poland. The Commission substantiates its grave concerns on the planned reform...
Wed 26/07
European Commission - Speech - [Check Against Delivery] Brussels, 26 July 2017 Thank you very much and good afternoon to all of you. Here we are again. After last week's College we discussed the concerns the Commission has about the reform of the Polish judiciary and the state of our...
Wed 26/07
European Commission - Speech - [Check Against Delivery] Brussels, 26 July 2017 Dear friends, Today, the College discussed our work on migration in all of its aspects and notably looking at the urgency of the situation along the Central Mediterranean Route. Europe continues to face high migratory pressures.
Wed 26/07
European Commission - Statement Brussels, 26 July 2017 Commissioner for Security Union, Julian King, said: "The European Commission takes note of the Opinion of the European Court of Justice on the envisaged EU-Canada PNR agreement. The European Commission will now carefully assess the Opinion and its potential impact.
Tue 25/07
European Commission - Press release Brussels, 25 July 2017 France has activated the EU's Civil Protection Mechanism this afternoon as forest fires are ravaging southern regions of the country and Corsica. The national authorities requested a firefighting aircraft through the mechanism and EU support is already on its way.

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, 2017