Friday, May 16, 2014

EU May Bring Boeing Tax Breaks into Ongoing WTO Dispute

Reuters is reporting that EU officials may ask the WTO to consider $8.7 billion in tax breaks passed by the State of Washington late last year, primarily for the benefit of Boeing, as part of the ongoing proceedings between the U.S. and EU over subsidies to Boeing and Airbus. The U.S. recently objected to loans given to Airbus for the development of the A350. The long-running dispute shows no sign of abating any time soon.

http://lawprofessors.typepad.com/aviation/2014/05/eu-may-bring-boeing-tax-breaks-into-ongoing-wto-dispute.html

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