Selective nature: The General Court of the European Union partially annuls the decision of the European Commission due to significant discrepancies between the decision to extend the procedure and the decision finding the existence of aid under the Income Tax Act of Gibraltar which concerns the non-taxation of income generated by intellectual property royalties (Mead Johnson Nutrition)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On April 6, 2022, the General Court of the European Union issued a judgment in case T-508/19 (Mead Johnson Nutrition and others v. European Commission) concerning once again the Commission's review under state aid legislation of Gibraltar's Income Tax Act 2010 (ITA 2010), which, in its initial version and until 2013, considered passive interest income and intellectual property royalties not to constitute taxable income and therefore not taxed. In October 2013, the Commission opened an in-depth investigation into Gibraltar's corporate tax regime to verify whether the corporate tax exemption scheme applied between 2011 and 2013 to interest income (mainly

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Selective nature: The General Court of the European Union partially annuls the decision of the European Commission due to significant discrepancies between the decision to extend the procedure and the decision finding the existence of aid under the Income Tax Act of Gibraltar which concerns the non-taxation of income generated by intellectual property royalties (Mead Johnson Nutrition), 6 April 2022, Concurrences N° 3-2022, Art. N° 106151, www.concurrences.com

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