The World Trade Organization (WTO) declared that the regime of tax incentives granted to Boeing by the state of Washington to ensure the manufacture of the aircraft 777X include subsidies to “prohibited”.
In a long-awaited ruling on a long-lasting dispute between the European Union (EU) and the united States, the WTO panel formed to settle the case asked to delete “without delay” the prohibited subsidies within 90 days.
From the European Commission (EC) complained to the WTO by the fiscal advantages granted by 2040 for Washington to change from Boeing to produce the wing and fuselage of the 777X and make the final assembly of the aircraft. As they say, the value of the prohibited subsidies amounted to US$ 5,700 million.
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In its decision, the panel noted that the tax benefits suponieron a grant subject to a “de facto” the use of national products with preference over imported.
According to Brussels, remember that the state of Washington claimed that the value of the tax incentives in the US$ 8.700 million, it is the largest package of grants in the history of EE.USA.
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The builder european aeronautic Airbus, the main concerned with the measures of EE.USA, the estimated losses in sales in some US$ 50,000 million only by the subsidies identified by the WTO.
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