Reduction or exemption from Danish drinking water tax investigated under EU state aid rules
The European Commission has opened an investigation into a tax reduction or exemption on the protection of drinking water in the Danish farming sector. The Danish tax is payable by owners of public water supply systems, but if a user has a water-extraction permit for their own well, he would have a reduction or be fully exempt if the permit is for less than 6000 m³ a year. Most users in the farming sectors hold such permits for their wells. The Commission’s investigation is to determine whether the reduction or exemption is a form of state aid that violates EU rules–“it seems to be selective and not justified in terms of the logic of the Danish tax system. What is more, the aid seems at this stage to be difficult to justify in the light of the relevant competition rules.”
Full content: EC Press Release
Related content: The State Aid Action Plan: A Bold Move or a Timid Step in the Right Direction? (Frederic Jenny, ESSEC Business School)
Featured News
Hess Shareholders Approve $53 Billion Merger with Chevron
May 28, 2024 by
CPI
EU Regulators Engage with Telegram as App Nears Critical Usage Threshold
May 28, 2024 by
CPI
EEX Offers Remedies to Address EU Antitrust Concerns Over Nasdaq Deal
May 28, 2024 by
CPI
BRG Expands European Competition Practice with New Expert Team in Brussels
May 28, 2024 by
CPI
UK Law Empowers Regulators to Fine Big Tech Without Court Approval
May 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI