In Brief: European Commission refers France over telecom taxes

Jul 19, 2006

The European Commission referred France to the Court of Justice Wednesday due to tax breaks granted to France Telecom.

The EC said in a statement that a 2004 examination of the tax regime determined that France Telecom received preferential treatment from the government and that the government had failed to recover that alleged aid.

"The Commission's decision defined the aid to be recovered as the difference between the amount of business tax that France Telecom would have had to pay if the normal business tax law had been applied and the amount of business tax actually paid by France Telecom," the EC said.

The value of the tax breaks in question was estimate at nearly $1 billion.

France Telecom has appealed the 2004 order and maintains that the amount of money to be paid back had not yet been finalized.

Copyright 2006 by United Press International

Explore further: Cognitive radio technology optimises use of scarce spectrum

Related Stories

Nokia in talks to take over Alcatel-Lucent (Update)

Apr 14, 2015

Finnish telecoms equipment maker Nokia said Tuesday it was in talks to purchase all of its Franco-American rival Alcatel-Lucent, with the aim of creating a telecoms and Internet technology behemoth.

Apple bond offering among biggest ever

Apr 30, 2013

A bond offering from Apple expected to be priced later today will be one of the largest ever for a US company, according to leading financial newspapers Tuesday.

Orange 'forces Google' to pay for mobile traffic

Jan 16, 2013

The head of French telecoms operator Orange said on Wednesday it had been able to impose a deal on Google to compensate it for the vast amounts of traffic sent across its networks.

Debate erupts in France over blocking online ads (Update)

Jan 07, 2013

France's Digital Economy minister said Monday she persuaded a top Internet access provider to stop its controversial policy of blocking online advertisements—a move widely seen as an attack against Google ...

Recommended for you

Germany auctions off new mobile phone frequencies

May 27, 2015

Germany on Wednesday started an auction of frequencies for mobile phone operators, pledging that users will soon enjoy nationwide super-fast 4G coverage without "black holes" in rural areas.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.