Brussels, 12/01/2011 (Agence Europe) - On Wednesday 12 January, the European Commission called on Spain to abolish a 2002 provision in its corporate tax system which allows Spanish companies to amortise the “financial goodwill” resulting from the acquisition of a shareholding of more than 5% in a foreign company over a set period of time (currently the 20 years following the acquisition). It consists in the write off, over a period of time, of the “excess” price paid for the...