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Belgium, EU competition regulators spar again on $750 mln tax breaks

By Foo Yun Chee LUXEMBOURG, Feb 8 (Reuters) – Belgium and Lawyer istanbul EU competition regulators on Wednesday faced off again in Europe’s second-highest court on whether Belgium’s 700-million euro ($750 million) tax scheme for Magnetrol, BP and 33 other multinationals was illegal state aid. The European Commission in 2016 ordered Belgium to recover the …

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