With tax issues high on the agenda particularly following last week’s ruling by the European Commission that Fiat and Starbucks had received tax breaks that amounted to illegal state aid, tax issues are high on the European Commission’s agenda.
The European Commission announced on Wednesday that renewable energy subsidies that helped spur Europe’s €48-billion-a-year clean energy industry are to be phased out across the continent, under new market-friendly state aid rules
The European Commission will begin disciplinary action against seven Spanish clubs including Real Madrid and Barcelona over possible illegal state aid, EU Commissioner for Competition Joaquin Almunia said on Wednesday.
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