An Italian Court rules that antitrust fines are tax deductible

The Provincial Tax Court of Milan (“Tax Court”) has recently delivered a controversial ruling on the possibility for companies to deduct antitrust fines as business expenses for tax purposes. The Tax Court considered that since an

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  • Van Bael & Bellis (Brussels)

Quotation

Martin Favart, An Italian Court rules that antitrust fines are tax deductible, February 2011, e-Competitions Bulletin February 2011, Art. N° 46869

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