Beta version
Beta version
Compatibility of the Italian IP Box and State Aid rules
Avv. Giovanni Mameli, Ph.D an Attorney at Fantozzi & Associates replaced Avv. Pierpaolo Rossi, of the EU Commission Legal Service as speaker at the Conference "Tax Advantages: an opportunity for economic growth" held in Trieste on March 13, 2015
In the second half of 2014 the Commission developed a second wave of State aid proceedings pursuant to Article 107 and 108 of the Treaty on the Functioning of the European Union (TFEU) with respect to measures affecting the relocation of taxable bases of MNEs within their EU operations.
The European Commission has opened a formal investigation under EU State aid rules into Polish plans to grant aid towards a project by the Fiat group to produce a new generation of petrol engines in the Silesia region. At this stage, the Commission has doubts the aid meets the EU guidelines on aid to large investment projects in relation to the market shares and production capacities of the Fiat Group. The opening of a formal investigation gives interested third parties the possibility to comment on the proposed measure. It does not prejudge the outcome of the procedure.
The European Commission has authorised, under EC Treaty state aid rules, the creation of urban tax-free zones in certain parts of Italy. The aim of the measure is to encourage the regeneration of particularly deprived areas.
The European Commission has authorised under EC Treaty state aid rules an Italian scheme offering interest rate subsidies for the production of environmentally friendly (green) products in the car parts sector. The Commission concluded that the scheme will facilitate investments in products featuring an early adaptation to EU standards for the improvement of environmental protection.
he European Commission has approved, under EC Treaty state aid ru...
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