Press Release: State aid: Commission closes state aid investigation into tax breaks for sports clubs in Italy (the ‘Salvacalcio’ law)

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Series Details IP/05/777 (22.6.05)
Publication Date 22/06/2005
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The European Commission on 22 June 2005 adopted a final decision finding that the recently amended measures in favour of sports clubs in Italy no longer constituted state aid. This decision only concerned the taxation aspects, and the infringement procedure for violation of the EU accounting Directives remained open (see IP/04/854).

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/777&format=HTML&aged=0&language=EN&guiLanguage=en
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