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Europe Daily Bulletin No. 8490

25 June 2003
Contents Publication in full By article 21 / 53
GENERAL NEWS / (eu) eu/state aid
Belgian tax regime for US Foreign Sales Corporations not in line with EU State aid rules

Brussels, 24/06/2003 (Agence Europe) - After an indepth inquiry opened in April 2002, the European Commission concluded that the Belgian tax regime applicable to US companies (Foreign Sales Corporation - FSC) recognised as such by the US Administration and located in Belgium is not in line with the European rules on State aid. The method in itself (the flat-rate method) is not challenged, but its application modalities are.

The regime is aimed at promoting the establishment of FSC American...

Contents

A LOOK BEHIND THE NEWS
: Cap reform failure in attempt to safeguard some farmers' benefits would be scandalous
THE DAY IN POLITICS
(EU) EU/UNITED STATES: Greek Presidency presents results of Thessaloniki summit
(EU) EU/ICC/CANDIDATES: Candidate countries sign up to EU common position on the Court
(EU) EP/CONVENTION: EPP prepares strategy for post-Convention period, on Wednesday and Thursday in Copenhagen
(EU) EP/EPP-ED GROUP: EPP group celebrates 50th anniversary in Strasbourg with Helmut Kohl
(EU) EP/ITALY: Mario Segni founds "Patto-Partito dei liberaldemocratici"
(EU) EU/EP/NETHERLANDS: Tributes paid to Piet Dankert, who died at the weekend
(EU) COUNCIL OF EUROPE: Parliamentary Assembly recommends European States adopt universal competency law
(EU) EU/TURKEY: Joint EU/Turkey parliamentary committee illustrates progress achieved by Turkey
(EU) EP/HUMAN RIGHTS: Van den Bos report highlights role of EP and follow-up to "human rights" clause in agreement with third countries
(EU) EP/CONVENTION/TRADE:
(EU) EU/CFSP/ENLARGEMENT: EU Institute of Security Studies conference on EU's policy with regard to its “new neighbours” and how this will impact on CFSP and CFDP
(EU) EP/CHECHNYA:
(EU) OSCE:
GENERAL NEWS
(EU) EU/AGRICULTURE COUNCIL: Negotiations on CAP reform resume on Wednesday afternoon in atmosphere more conducive to agreement
(EU) EU/CANADA/AGRICULTURE: Draft EU/Canada agreement on wine and spirits to put end to trade friction over names
(EU) EU/STABILITY PACT: Commission worried about increase in Netherlands' deficit and too optimistic growth forecasts
(EU) EU/TRANSPORT: Launch of infringement proceedings against Austria
(EU) EU/SPACE: Next stages in process of defining Europe's new space strategy
(EU) EU/TRANSPORT: New Communication on building EuroMed transport network
(EU) EU/STATE AID: Belgian tax regime for US Foreign Sales Corporations not in line with EU State aid rules
(EU) EU/STATE AID: Commission takes interest in restructuring plan for Bank Burgenland
(EU) EU/STATE AID: Go-ahead to HVC container terminal (Netherlands)
(EU) EU/STATE AID: Commission wonders about continued aid to Bull
(EU) STATE AID: Commission green light to United Kingdom to grant investment aid to the coal industry
(EU) EU/MIDDLE EAST: Cautious response from Pascal Lamy to US free trade project in Middle East and North Africa
(EU) EU/ANIMAL WELFARE:
(EU) FINLAND:
(EU) OSCE/MINORITIES:
(EU) EU/USA: Trans-Atlantic business communities call for clear signal on trade cooperation
(EU) EU/USA: Bush exhorts EU to end embargo
(EU) EU/FOOD SAFETY: Green light from Member States to Commission for adoption of regulation defining rules for managing requests for EFSA scientific opinions
(EU) EU/STRUCTURAL FUNDS: Unacceptable delays in implementing 2000-2006 Structural Fund programme
(EU) EU/COHESION FUNDS: 2001 report says implementation is acceptable but insufficient controls
(EU) EU/AFGHANISTAN: European Parliament wants EU and international community to do more for Afghanistan
(EU) EU/KOSOVO: Rugova and Michael Steiner assess UN action
(EU) EP/2003 BUDGET:
(EU) EU/CONSTITUTION/RELIGION: Catholic bishops say reference to Christianity is “essential” and reference to God would be “appropriate”
(EU) EU/CONVENTION/SOCIAL AFFAIRS: Social partners interview Jean-Luc Dehaene
(EU) UE/CONVENTION/ENTERPRISE: Eurochambres calls for businesses to be mentioned in the Constitution
(EU) EU/IMMIGRATION: Immigration as solution to Union's demographic problems
(EU) EU/TRAINING: Master in European Legal Studies
(EU) EU/OSCE/IMMIGRATION:
ECONOMIC INTERPENETRATION
(EU) Investments:
(EU) Banks:
(EU) Insurance:
(EU) Agri-food:
(EU) Biotechnologies:
(EU) Energy:
(EU) Oil:
(EU) Telecommunications:
SUPPLEMENT
“EUROPE”/Documents No. 2319: European Parliament calls for global European strategy toward United States
€ VALUE IN DIFFERENT CURRENCIES ON 24/06/2003: