OrbitaxOrbitax

European Commission Reassessing Tax Ruling in Gibraltar State Aid Investigation

|Approved Changes|European Union-Gibraltar
European Union-Gibraltar

The European Commission has announced the extension of its State aid investigation into Gibraltar's corporate tax regime, which follows a General Court judgment that partially annulled the Commission's 2018 decision that Gibraltar's prior corporate tax exemption for interest and royalties, as well as five related tax rulings, are incompatible with EU State aid rules. In the judgment, the General Court mostly upheld the Commission's decision, although it partially annulled the decision as it …

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.