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Italian ports lose their tax exemption status

The European Commission has told Italy to abolish the corporate tax exemptions granted to its ports, in order to align its tax regime with EU state aid rules. Profits earned by port authorities from economic activities must be taxed under normal national corporate tax laws to avoid distortions of competition. Commissioner Margrethe Vestager, in charge …

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The European Commission has told Italy to abolish the corporate tax exemptions granted to its ports, in order to align its tax regime with EU state aid rules. Profits earned by port authorities from economic activities must be taxed under normal national corporate tax laws to avoid distortions of competition. Commissioner Margrethe Vestager, in charge …

[post_title] => Italian ports lose their tax exemption status [post_excerpt] => The European Commission has told Italy to abolish the corporate tax exemptions granted to its ports, in order to align its tax regime with EU state aid rules. Profits earned by port authorities from economic activities must be taxed under normal nation... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => italian-ports-lose-their-tax-exemption-status [to_ping] => [pinged] => [post_modified] => 2020-12-07 06:27:11 [post_modified_gmt] => 2020-12-07 06:27:11 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=132506 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )