GIBRALTAR CASE
April 1st, 2002
Keith NuthallGIBRALTAR has beaten off an attempt by the European Commission to brand illegal a tax break that it allows for certain "exempt" companies. The British colony won a case at the European Court of Justice, where it claimed that Brussels had wrongfully claimed that by reducing these companies' tax burden, they were in effect granting them state aid in contravention of EU directives limiting such payments. Judges ruled that that the Commission had "committed an error in classifying the legislation in issue as a new aid scheme," in investigations being ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.