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Italy to Appeal European Commission Decision that Tax Exemptions for Ports Violates State Aid Rules

|Approved Changes|Italy-European Union
Italy-European Union

The Italian government has reportedly filed an appeal with the European courts against the recent decision of the European Commission that tax exemptions granted to Italian ports violate State aid rules. In its decision, issued on 4 December 2020, the Commission found that profits earned by port authorities from economic activities must be taxed under normal national corporate tax laws to avoid distortions of competition. As such, Italy needs to adapt its legislation in order to ensure that …

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