The EU Commission requires Italy to abolish corporate tax exemptions granted to its ports

State aid: Commission requires Italy to put an end to tax exemptions for ports* The European Commission has required 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. Today's decision results from the Commission's inquiries into the taxation of ports in Member States. Commissioner Margrethe Vestager, in charge of competition policy, said: "EU competition rules recognise the relevance of ports for economic growth and regional development, allowing Member States to invest in them. At the same time, to preserve competition, the Commission needs to ensure that,

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European Commission, The EU Commission requires Italy to abolish corporate tax exemptions granted to its ports, 4 December 2020, e-Competitions December 2020, Art. N° 98216

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