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Name | Symbol | Market | Type |
---|---|---|---|
Umicore SA (PK) | USOTC:UMICY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.11 | -2.95% | 3.62 | 3.44 | 3.74 | 3.65 | 3.5565 | 3.62 | 372,724 | 21:06:11 |
The European Commission Wednesday said a decade-old tax settlement between Belgian materials company Umicore SA (UMI.BT) and the Belgian government wasn't illegal state aid.
The settlement, reached in December 2000, changed a previous determination that Umicore owed EUR20 million in value-added tax. The agreement reduced that bill to EUR10 million due to rebates that Umicore was entitled to.
The commission said those rebates weren't state aid and closed its investigation.
-By Matthew Dalton, Dow Jones Newswires; +32 2 741 1487; matthew.dalton@dowjones.com
1 Year Umicore (PK) Chart |
1 Month Umicore (PK) Chart |
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