EU opens in-depth investigation into Italian tax exemptions for ports

BRUSSELS (Reuters) - The European Commission opened an in-depth investigation on Friday to determine whether tax exemptions granted to Italian ports break EU state aid rules, while welcoming changes in Spain to abolish tax exemptions for its ports.The Commission, which oversees competition policy in the 28-nation European Union, called on the two countries in January to adapt their legislation to ensure ports would pay tax in the same way as other companies from the start of 2020.The Commission..