EU Investigating Dutch Port Tax Schemes

Posted by Joseph Keefe
Wednesday, July 09, 2014

Taxation of Dutch ports could breach EU competition rules. France, Belgium warned over their tax treatment of ports; EU executive could broaden investigation to other EU ports.

The European Union's competition watchdog on Wednesday opened an investigation into tax exemptions granted to ports in the Netherlands and warned France and Belgium their taxation of ports may breach EU state aid rules.

The EU will look into whether corporate tax exemptions for some Dutch public companies - including the operator of Rotterdam port, Europe's biggest by annual cargo - breach the EU's rules against governments giving unfair advantages to some companies, thereby distorting competition.

"There should be a level playing field between ports in the EU," said Joaquin Almunia, the EU's antitrust commissioner.

"The Commission needs to verify that public companies, including port operators, in the Netherlands are not given more favourable tax treatment than their private competitors."

If the tax exemptions are found to in breach of EU state aid rules, Brussels can ask the Dutch government to change the way its ports are taxed.

The Commission warned France and Belgium it had concerns about the tax treatment of their ports and also requested further information from Germany on the same issue.

The investigation into the taxation of ports across the EU will continue, the watchdog said, in a sign other countries could also come into its firing line.

The Commission had already asked the Dutch government in May last year to abolish the corporate tax exemption for public companies, arguing it gave them an unfair advantage over their private counterparts.

While the Netherlands agreed to comply with the EU's request, it kept the exemption in place for five ports: Rotterdam, Amsterdam, Zeeland, Groningen and Moerdijk.

By Julia Fioretti

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DNV-GL Approves Kongsberg Engine Room Simulators

Kongsberg Maritime has received DNV-GL certification for three of its latest engine room simulator models designed to provide in-depth training on the K-Sim Engine simulator platform.

Container Shipping Lucky to Break Even in 2015

A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according

CMA CGM's OPDR Acquisition Approved by EU

The CMA CGM Group announced that the European Commission has approved its acquisition of OPDR. In order to finalize the acquisition, which was announced on November 25, 2014 by Jacques R.

Ports

Tunisia Reassures Yachters Following Terror Attack

A week after a terrorist attack in Tunisia, local superyacht businesses are reassuring yachters that security has been increased at Tunisian ports despite numerous cancellations.

Greece Port Operations Update

An update on Greece’s port operations and local conditions was issued today by maritime services provider Inchcape Shipping Services (ISS).   According to ISS,

Danish Ports Approve HullWiper

Authorities at the Danish ports of Copenhagen, Kalundborg and Fredricia have granted permission for GAC EnvironHull’s pioneering, diver-free, underwater HullWiper

Finance

Greece Port Operations Update

An update on Greece’s port operations and local conditions was issued today by maritime services provider Inchcape Shipping Services (ISS).   According to ISS,

Container Shipping Lucky to Break Even in 2015

A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according

Dry Bulk Market Crisis: Opportunity or Threat?

The shipping industry is experiencing the biggest dry bulk market recession since the 1980s, as uncertain global economic outlook and increased imbalance between

News

Tunisia Reassures Yachters Following Terror Attack

A week after a terrorist attack in Tunisia, local superyacht businesses are reassuring yachters that security has been increased at Tunisian ports despite numerous cancellations.

Shell's Icebreaker Vessel Damaged in Alaska

Royal Dutch Shell Plc's  icebreaker vessel Fennica returned to the Dutch Harbor in Alaska with a small breech in the hull, raising concerns about the company's

Djibouti Training Center Build on Pace

The construction of the Djibouti Regional Training Centre (DRTC) in Doraleh, Djibouti is moving forward in earnest, with a view to completion by the end of September 2015,

Government Update

Lakes Limestone Trade Tops 4 Mln Tons in June

Shipments of limestone on the Great Lakes totaled 4,042,766 tons in June, an increase of 6 percent compared to May, and 9-plus percent compared to a year ago, according

As First Victims Mourned, Italian Navy Searches On

Italy held a funeral service on Tuesday for 13 migrants who died in the worst shipwreck in the Mediterranean in recent history, while the navy continued its search for other victims of the disaster.

Migrant Sailboat Sinks in Aegean, 17 Missing

A sailboat carrying migrants sank in in the Aegean sea between Turkey and Greece on Tuesday and at least 17 people were missing, Greek authorities said. Greece's

 
 
Maritime Standards Navigation Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2424 sec (4 req/sec)