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Belgium's $762 Million Tax Loophole Shut in EU Payback Order

2016-01-12 02:08:33| Appliances - Topix.net

The European Union ordered Belgium to recover about 700 million euros in illegal tax breaks given to at least 35 companies, including Anheuser-Busch InBev NVand BP Plc, as regulators continued a crackdown on overly generous tax schemes throughout the 28-nation bloc. The European Commission told Belgium to recoup the full unpaid tax, saying that excess-profit rulings allowed global corporations to reduce their tax base by as much as 90 percent.

Tags: order million tax shut

 

European Commission approves acquisition of Belgiums AOR by ADM

2015-09-09 01:00:00| Food Processing Technology

The European Commission has approved Archer Daniels Midland's (ADM) acquisition of Belgium-based oil distributor AOR.

Tags: european commission acquisition european commission

 
 

Software Helps to Modernize Belgiums Electricity Grid

2015-08-27 16:53:00| Transmission & Distribution World

Eandis, the largest distribution operator in Belgium, has implemented and gone live with GE's PowerOn Advanced Distribution Management System. read more

Tags: software helps grid electricity

 

Belgium's Solvay to buy Cytec for $5.5 billion

2015-07-29 08:02:24| Chemicals - Topix.net

Belgium-based chemicals company Solvay SA said Wednesday it is buying its U.S. counterpart Cytec Industries Inc. for $5.5 billion, or $75.25 per share, and will hold a 1.5 billion euro capital increase to finance the sale.

Tags: buy billion solvay cytec

 

Royal IHC to design and build two dredging vessels for Belgiums DEME

2015-04-29 01:00:00| Ship Technology

Netherlands' Royal IHC secured a contract for the design, construction and delivery of two unique low-emission dredging vessels to Belgium-based dredging, environmental and marine engineering (DEME).

Tags: design build royal vessels

 

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