Incompatible aid: The General Court of the European Union confirms that the total exemption from corporation tax granted to the profits generated by the Port Authorities of the Basque Country constitutes existing aid incompatible with the internal market (Autoridad Portuaria de Bilbao)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On December 14, 2022, the Court of First Instance of the European Union delivered its judgment in case T-126/20 (Autoridad Portuaria de Bilbao v. European Commission). The present dispute concerns the Commission's recognition that the total exemption from corporation tax granted to the profits generated by the port authorities of the Basque Country and the partial exemption from corporation tax granted to the profits generated by the port authorities of the rest of Spain constitute existing aid incompatible with the internal market. The applicant - the Port Authority of Bilbao - sought from the Court of the Union the annulment of the Commission's

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Incompatible aid: The General Court of the European Union confirms that the total exemption from corporation tax granted to the profits generated by the Port Authorities of the Basque Country constitutes existing aid incompatible with the internal market (Autoridad Portuaria de Bilbao), 14 December 2022, Concurrences N° 4-2022, Art. N° 110643, www.concurrences.com

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