Brussels, 13/03/2008 (Agence Europe) - On Wednesday 12 March, the European Commission closed its in-depth investigation into the provision of Italy's 2004 Finance Law that allowed former public-owned banks to release hidden capital gains matured during their privatisation by paying a nominal tax of 9% instead of the ordinary company tax of 37.25%. The investigation, opened in May 2007, found that this tax scheme favoured a select group of Italian banks without objective justification under...