DUTCH FOOD COMPANY WINS RIGHT TO FINANCING TAX BREAK IN ECJ CASE
August 1st, 2007
BY KEITH NUTHALL
THE NETHERLANDS' Koninklijke Friesland Foods has won the right to benefit from a Dutch tax break for the international financing of companies within commercial groups through a case at the European Court of Justice's Court of First Instance. Koninklijke challenged its exclusion by the European Commission from benefits available while the scheme was phased out between 2003 and 2010. Brussels argued that companies such as Koninklijke that had applied for but not received tax breaks prior to 2003, should not receive the reduced taxation available ...
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