| Author (Corporate) | European Court of Justice: Press and Information Division |
|---|---|
| Series Title | Press Release |
| Series Details | No. 78, 2011 (28.7.11) |
| Publication Date | 28/07/2011 |
| Content Type | News |
|
The Court confirms that two Basque tax relief measures – a reduction in the basis of assessment for corporation tax for newly established firms and tax credit amounting to 45% of certain investments – are State aid incompatible with the common market. The conduct of the Commission in relation to earlier Basque tax schemes could not justify a legitimate expectation on the part of the regional authorities concerned. |
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| Source Link | Link to Main Source http://curia.europa.eu/jcms/upload/docs/application/pdf/2011-07/cp110078en.pdf |
| Subject Categories | Internal Markets, Law |
| Countries / Regions | Europe, Spain |
