Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/16/3947 (28.11.16) |
Publication Date | 28/11/2016 |
Content Type | News |
On 28 November 2016, the World Trade Organisation issued the panel report in the case brought by the European Union regarding 'United States – Conditional Tax Incentives for Large Civil Aircraft' (DS487). Following the announcement the European Commission released a statement about the report of the World Trade Organisation panel on the Boeing Dispute. The WTO confirmed that the US 2013 decision to extend tax breaks for Boeing until the year 2040 goes against previous WTO rulings. By making these tax breaks depend on the use of domestically produced wings, the US also discriminated against foreign suppliers. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-16-3947_en.htm |
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Subject Categories | Business and Industry, Internal Markets, Trade |
Countries / Regions | Europe, United States |