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Image header Agence Europe
Europe Daily Bulletin No. 10603
Contents Publication in full By article 24 / 43
ECONOMY - FINANCE - BUSINESS / (ae) taxation

Spotlight on Spain, Belgium and Bulgaria

Brussels, 26/04/2012 (Agence Europe) - On Thursday 26 April, the European Commission sent reasoned opinions (warning letters) to Spain, Belgium and Bulgaria, whose tax legislation breaks EU rules. All three may be sent to the European Court of Justice if they fail to respond to the warnings within two months.

Spain. The Commission says that the penalties issued by the Spanish tax office (a 10% tax increase and a fine of at least €600) are disproportionate when the actual journey time of...

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