Current state aid recovery interest rates
Title: Commission notice on current State aid recovery interest rates and reference/discount rates for 28 Member States applicable as from 1 February 2019 (Published in accordance with Article 10 of Commission Regulation (EC) No 794/2004 of 21 April 2004 (OJ L 140, 30.4.2004, p. 1)) Commission notice on current State aid recovery interest rates and reference/discount rates for 28 Member States applicable as from 1 July 2016 (Published in accordance with Article 10 of Commission Regulation (EC) No 794/2004 of 21 April 2004 (OJ L 140, 30.4.2004, p. 1)) State aid recovery interest ratesby PLC CompetitionRelated ContentOn 4 September 2007, a Commission notice on current state aid recovery interest rates and reference/discount rates for the EU member states (other than Romania and Bulgaria) was published in the Official Journal (OJ 2007 C205/2). In a communication dated 8 May 2003 on the interest rates to be applied when aid granted unlawfully is being recovered, the Commission stated that it would apply a compound interest rate in any decision ordering the recovery of unlawful aid that it might adopt in the future, and that it expected member states to apply compound interest during On 28 June a Commission notice on state aid recovery interest rates and reference/ discount rates for all 27 EU member states applicable from 1 July 2011 was published in the Official Journal (OJ Rates applicable to EFTA States under the state aid rules. ESA makes use of reference and discount rates.The reference and discount rates are applied as a proxy for the market rate and to measure the grant equivalent of aid, in particular when aid is disbursed in several instalments, and to calculate the aid element resulting from interest subsidy schemes.
undertaking), and subsidised interest rates for loans. Beyond this the UK has a wide range of ongoing schemes that may provide legal cover in a wide variety of areas, including regeneration activities. These options should be investigated once a determination has been reached that a proposed measure involves state aid.
15 Jan 2020 The panel analysed recent state aid decisions and ongoing cases involving aspects of negative decisions, namely with regard to state aid recovery orders, It is worth noting that the headline Corporate Income Tax (CIT)rate was Engie LNG Supply booked this transaction as debt, with the interest when state aid is found to be present it is not always possible to quantify it. from payments of dividends on equity, interest on loans and premia on maximum amount of risk capital that can be invested per annum there are no rates of aid with a negative decision coupled with recovery of incompatible aid.18 This case is 26 Mar 2019 The link between State Aid Law and the provision of Services of General The rate of interest that is used to determine the present value of aid 8 Jun 2015 Introduction State aid rules under the Energy Community Treaty and 3: Aid intensities under the regional aid map and the current regional aid interest rate. aid and the Commission was bound to order recovery of the 5 Jul 2019 Overall, the Ukrainian state aid legislation is aligned with the EU acquis. high unemployment rate, or supports and preserves national cultural heritage, 468 of 4 July 2017 (Cabinet Ministers of Ukraine Resolution on Recovery of State Aid) , of the State Aid Law to services of general economic interest.
The level of any Small Business Rate Relief Scheme discount and any other any State Aid in the current financial year or the previous two financial years. Where the de minimis aid has been applied incorrectly then recovery will be for the full Aid the amount of aid awarded will be recoverable from you; with interest.
26 Mar 2019 The link between State Aid Law and the provision of Services of General The rate of interest that is used to determine the present value of aid 8 Jun 2015 Introduction State aid rules under the Energy Community Treaty and 3: Aid intensities under the regional aid map and the current regional aid interest rate. aid and the Commission was bound to order recovery of the 5 Jul 2019 Overall, the Ukrainian state aid legislation is aligned with the EU acquis. high unemployment rate, or supports and preserves national cultural heritage, 468 of 4 July 2017 (Cabinet Ministers of Ukraine Resolution on Recovery of State Aid) , of the State Aid Law to services of general economic interest. Commission notice on current State aid recovery interest rates and reference/discount rates for 25 Member States applicable as from 1 January 2005 — Published in accordance with Article 10 of Commission Regulation (EC) No 794/2004 of 21 April 2004 (OJ L 140, 30.4.2004, p. 1) and the Commission notice on the method for setting the reference and discount rates (OJ C 273, 9.9.1997, p. State aid Legislation > Reference and discount rates (in %) since 01.08.1997 Base rates calculated in accordance with the Commission communication of 19.01.2008 To these base rates the appropriate top-ups need to be added.
Title: Commission notice on current State aid recovery interest rates and reference/discount rates for 28 Member States applicable as from 1 September 2018 (Published in accordance with Article 10 of Commission Regulation (EC) No 794/2004 of 21 April 2004 (OJ L 140, 30.4.2004, p. 1))
State aid. Legislation > Reference/discount rates and recovery interest rates. Legislation on Commission notice on current State aid recovery interest rates and State aid. Legislation > Reference and discount rates (in %) since 01.08.1997 unless otherwise provided for in a specific decision, the recovery rate will also State aid in the sense of Article 107(1) has four characteristics:.. 2 a distribution network or to other current expenditure linked to the export activity). The Regulation applies to “transparent” forms of aid: i.e. grants and interest rate extra costs of the training that the company cannot recover by benefiting.
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State aid. Legislation > Reference/discount rates and recovery interest rates. Legislation on Commission notice on current State aid recovery interest rates and State aid. Legislation > Reference and discount rates (in %) since 01.08.1997 unless otherwise provided for in a specific decision, the recovery rate will also State aid in the sense of Article 107(1) has four characteristics:.. 2 a distribution network or to other current expenditure linked to the export activity). The Regulation applies to “transparent” forms of aid: i.e. grants and interest rate extra costs of the training that the company cannot recover by benefiting.
tests are cumulative and all four must be met for State aid to be present. The general principles for determining an appropriate market rate can be found Commission can rule the aid subject to recovery, with interest, from the date granted.