EC relaxed subsidy rules for embattled Opel during financial crisis in 2009.
BRUSSELS – A European Commission investigation into Fiat’s tax arrangements in Luxembourg puts the spotlight on alleged backdoor subsidies received by Europe’s automakers and comes at a difficult time for the sector. At the heart of the probe is the suggestion that Luxembourg authorities gave Fiat finance and trade an unfair advantage over other companies in a 2012 ruling that calculated the Italian automaker’s taxable profits. Announcing the inquiry on June 11, ...
Premium Content (PAID Subscription Required)
"EC Fiat Tax Probe Warning Shot to Multinationals" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642