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Image header Agence Europe
Europe Daily Bulletin No. 9365
Contents Publication in full By article 16 / 40
GENERAL NEWS / (eu) eu/switzerland

Commission decides cantonal tax practices are incompatible with 1972 free trade agreement - Claim firmly rejected by Switzerland

Brussels, 13/02/2007 (Agence Europe) - State aid schemes implemented in Switzerland in the form of specific tax regimes for holding, mixed and management companies, which apply unfair tax advantages to companies established in Switzerland for profits generated in the EU are incompatible with the proper functioning of the 1972 free trade agreement, the Commission says in a unilateral decision on certain tax regimes in Swiss cantons (see EUROPE 9361), taken on Tuesday 13 February. The...

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