Brussels, 19/07/2006 (Agence Europe) - The European Commission has decided that the preferential tax regime in favour of Luxembourg's Financial Holdings violates EC state aid rules. The scheme is granted under a Luxembourg law from 1929, predating the EC Treaty, and therefore constituting existing aid. Following an in-depth investigation opened in February and a preliminary four-year review, the Commission has concluded that the scheme grants unjustified tax advantages to providers of...