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Fair tax competition faces multiple challenges, Šemeta says

( February 11, 2014, 11:04 GMT | Official Statement) -- MLex Summary: The European Commission is in favor of greater cooperation in tax matters between the member states to install fair competition, EU tax commissioner Algirdas Šemeta today said. Regarding the regulator's requests for information sent out recently in light of potential state aid issues, the commission is looking at various tax planning tools, such as tax rulings and whether they could be "overly generous" and "arbitrary".Full speech follows:...

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