EU demands France and Belgium stop giving ports corporate tax exemptions

EU demands France and Belgium stop giving ports corporate tax exemptions

The European Commission yesterday demanded Belgium and France end corporate tax exemptions granted to their ports. The commission also warned it was looking at taxation issues at other ports in Europe.

The commission said the exemptions given to French and Belgian ports gives them an unfair advantage, breaching EU state aid rules.

The commission also this year sought changes to labour practices at Spanish ports in a move that kicked off a wave of protest in the Iberian peninsula.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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