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Image header Agence Europe
Europe Daily Bulletin No. 10146
Contents Publication in full By article 16 / 30
GENERAL NEWS / (eu) eu/state aid

Arrangement between Belgian tax authorities and Belgian company Umicore is not state aid

Brussels, 26/05/2010 (Agence Europe) - On Wednesday 26 May, the European Commission concluded the formal examination procedure it had begun in 2003 into a settlement agreement reached in December 2000 between the Belgian tax authorities' Special Tax Inspectorate (Inspection Spéciale des Impôts-ISI) and Umicore SA (formerly Union Minière SA). The Commission decided that this agreement did not constitute state aid. Under this arrangement, which occurred following lengthy negotiations,...

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