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CJ EU sets aside the judgment of the General Court on the ‘Spanish tax lease system

The General Court had annulled the Commission’s decision that that system constituted State aid

From May 2006, the Commission received a number of complaints against what has been called the ‘Spanish tax lease system’ (‘the STL system’). The complaints were that that system allowed maritime shipping companies to benefit from a 20-30% price reduction when purchasing ships constructed by Spanish shipyards, to the detriment of the shipyards of other Member States.The STLS was based on an ad hoc...

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AVIONEWS - World Aeronautical Press Agency
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