State Aid State Aid

Santander, World Duty Free, Sigma should lose appeals over Spanish tax breaks, EU legal opinion says

By Nicholas Hirst
  • 21 Jan 2021 06:45
  • 21 Jan 2021 06:45
Banco Santander, World Duty Free and Sigma should reimburse hundreds of millions of euros in Spanish tax breaks that amounted to illegal state aid, a legal opinion prepared for the EU's top court has recommended.

The companies are challenging decisions from 2009 and 2011 by the European Commission on Spain's rules for

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Nicholas Hirst

Chief Correspondent

Nicholas covers EU merger review and antitrust investigations for Mlex in Brussels. He previously wrote about EU affairs for Politico Europe, European Voice and PaRR. After earning an LLM in European law from the College of Europe in Bruges, he spent a year working in the competition practice of a leading competition law firm in Brussels 2009-10. He graduated in modern European languages from Oxford University in 2006.

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