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Europe Daily Bulletin No. 9022

8 September 2005
Contents Publication in full By article 23 / 39
GENERAL NEWS / (eu) eu/state aid
Investigation into Sicilian tax breaks

Brussels, 07/09/2005 (Agence Europe) - The European Commission decided on Wednesday to launch an in-depth investigation into two fiscal incentives adopted by Sicily in a regional law (29/12/2003 No. 21), providing for a 5-year exemption from the Italian tax on regional production activities (IRAP) in favour of companies from certain sectors with their registered office, place of effective management and production activities in Sicily. The first scheme offers a 5-year exemption from IRAP for...

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