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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