Commission authorises carat tax for wholesale diamond sector in Belgium

The European Commission has found that Belgian corporate tax provisions applicable to the wholesale diamond sector were in line with EU State aid rules. The provisions do not selectively favour certain companies and therefore involve no State aid within the meaning of EU rules.

Please read the full press release of the European Commission through following link:

http://europa.eu/rapid/press-release_IP-16-2683_en.pdf

Please feel free to contact Panis for more information.