Author (Corporate) | European Commission: DG Communication |
---|---|
Series Title | Press Release |
Series Details | IP/13/395 (02.05.13) |
Publication Date | 02/05/2013 |
Content Type | News |
The European Commission has formally proposed to the Netherlands to abolish the exemption from corporate tax granted to Dutch public undertakings. The Commission considers that public companies that carry out economic activities in competition with private companies should likewise be subject to corporate tax – just as private companies are. Exempting certain companies merely because they are publicly owned gives them a competitive advantage which cannot be justified under EU state aid rules. |
|
Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-13-395_en.htm |
Subject Categories | Internal Markets, Taxation |
Countries / Regions | Europe, Netherlands |