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Europe Daily Bulletin No. 10495

16 November 2011
Contents Publication in full By article 24 / 29
GENERAL NEWS / (ae) eu/cjeu
Gibraltar corporate tax reform designed to favour offshore firms

Brussels, 15/11/2011 (Agence Europe) - The Court of Justice of the EU ruled on Tuesday 15 November (Cases C-106/09 P and C-107/09 P) that the proposals on the reform of Gibraltar's corporate tax, submitted by the United Kingdom to the Commission in 2002, were materially selective in that they allowed offshore companies to avoid taxation. The Court thus upheld the content of the 2004 Commission decision that this proposal constituted state aid incompatible with the internal market, and set...

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