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Image header Agence Europe
Europe Daily Bulletin No. 10011
Contents Publication in full By article 11 / 31
GENERAL NEWS / (eu) eu/state aid

Investigation into Hungarian intra-group interest regime closed

Brussels, 03/11/2009 (Agence Europe) - On Friday 30 October, the European Commission closed an in-depth investigation which it started in March 2007 into a Hungarian taxation regime, which provides for an interest deduction to be granted to companies of the same group. The Commission was concerned that this measure could distort competition within the single market, as it was not open to all businesses established in Hungary, meaning that it could amount to state aid. However, in view of the...

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