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Image header Agence Europe
Europe Daily Bulletin No. 8448
Contents Publication in full By article 25 / 37
GENERAL NEWS / (eu) eu/state aid

Commission partially approves new scheme set in place by Belgium for coordination centres

Brussels, 23/04/2003 (Agence Europe) - The European Commission has partly approved the new scheme of coordination centres intended to replace the old scheme that had been judged incompatible with European common market rules on 17 February. The Belgian scheme allowed coordination centres (undertakings that are part of a multinational group and that have the exclusive task of providing certain services to other companies of the same group) to calculate their taxable income as a flat rate...

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