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Image header Agence Europe
Europe Daily Bulletin No. 10839
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Tax exemption for public undertakings in Netherlands

Brussels, 02/05/2011 (Agence Europe) - On Thursday 2 May, the European Commission formally proposed to the Netherlands that it abolish the exemption from corporate tax granted to Dutch public undertakings. It considers that public companies that carry out economic activities in competition with private companies should likewise be subject to corporate tax. “Exempting certain companies merely because they are publicly owned gives them a competitive advantage which cannot be justified under...

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