To stay up to date with the latest news,
subscribe to our newsletter


30 million euro fine for tax holidays
Tuesday, 13 de May de 2014

The Court of Justice of the European Union has issued its judgement in the infringement proceedings regarding the recovery of tax aid found to be illegal. It fined the Kingdom of Spain 30 million euros, as it found that the Kingdom of Spain had failed to meet its obligations pursuant to Article 260 TFEU (Treaty on the Functioning of the European Union), Section 1, as all the necessary measures to enforce the original ruling had not been adopted, as of the expiry date of the time period set in the reasoned opinion issued by the European Commission on 26 June 2008.

Text of the judgement