On Wednesday 25 July, the judges of the Court of Justice of the European Union (CJEU), ruling on case C-128/16 P, overturned the judgment of the General Court of the European Union overturning the Commission’s decision finding that the ‘Spanish tax lease system’ (STLS) constituted unlawful state aid.
In May 2006, the Commission received the first of several complaints against the STLS, which was created in 2002 and allowed shipping companies to benefit from a 20% to 30% reduction in...