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Icelandic aid to waste company Sorpa to be removed, EFTA watchdog says

( January 29, 2025, 11:41 GMT | Official Statement) -- MLex Summary: State aid granted by Iceland to waste-management company Sorpa will be removed by January 2027, the EFTA Surveillance Authority said today. Iceland agreed to ensure that the company's economic activities are incorporated into a limited liability company subject to income tax. Sorpa is exempt from paying income tax because of its status as a municipal cooperative. The commitments are now legally binding, the watchdog said. Statement follows. ...

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