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Europe Daily Bulletin No. 8068

12 October 2001
Contents Publication in full By article 22 / 44
GENERAL NEWS / (eu) eu/united states
Commission "disappointed" by Washington's decision to appeal against WTO decision on FSC legislation

Brussels, 11/10/2001 (Agence Europe) - The European Commission is "disappointed" by the United States' decision to appeal against the conclusion reached by the WTO panel of experts which, in August this year, had confirmed that the US legislation on the tax exemption system in favour of exporting companies - FSC "Foreign Sales Corporations" - was like granting illegal subsidies to exports (see EUROPE of 22 August, p.3). This was declared on Thursday by Anthony Gooch, spokesman for...

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