Daily Tax Report: International

EU Loses State Aid Cases Against Spanish Soccer Clubs

Feb. 26, 2019, 9:42 AM

The EU’s General Court annuls a European Commission decision classifying the tax regime of four Spanish professional football clubs including Barcelona as state aid.

The clubs are Fútbol Club Barcelona (Barcelona), Club Atlético Osasuna (Pamplona), Athletic Club (Bilbao), and Real Madrid Club de Fútbol (Madrid).

According to the court, the commission “has not shown to the requisite legal standard that the measure at issue conferred an advantage on its beneficiaries.”

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