This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Madeira Free Zone tax incentives court defeat taken to top EU court

( February 17, 2025, 11:53 GMT | Official Statement) -- MLex Summary: Three companies active in the Portuguese territory of Madeira have filed an appeal at the Court of Justice of the EU to contest an earlier ruling by the lower court, which said that tax reductions granted to businesses in the Madeira Free Zone didn't create real economic activity and jobs. The companies appealing are Recubans, Register.com and Intercement Portugal. In an earlier appeal, the General Court dismissed an appeal by Register.com and Neottolemo. In 2020, the European Commission had ordered the recovery of state aid granted by Portugal. The applicants argue, among other things, that some advantages included in the scope of the commission's decision don't constitute state aid.The summaries of appeals are also attached. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections