21.3.2016

Official Journal of the European Union

C 106/29

(Case T-620/11)(1)

((State aid - German tax legislation concerning loss carry-forward to future tax years (Sanierungsklausel) - Decision declaring the aid incompatible with the internal market - Action for annulment - Individual concern - Admissibility - Concept of State aid - Selectivity - Nature and general scheme of the tax system - State resources - Obligation to state reasons - Legitimate expectations))

(2016/C 106/31)

Language of the case: German

Parties

Applicant: GFKL Financial Services AG (Essen, Germany) (represented initially by M. Schweda, S. Schultes-Schnitzlein, J. Eggers and M. Knebelsberger, and subsequently by M. Schweda, J. Eggers, M. Knebelsberger and F. Loose, lawyers)

Defendant: European Commission (represented initially by T. Maxian Rusche, M. Adam and R. Lyal, and subsequently by T. Maxian Rusche, R. Lyal and M. Noll-Ehlers, acting as Agents)

Intervener in support of the applicant: Federal Republic of Germany (represented by: T. Henze and K. Petersen, acting as Agents)

Re:

Application for annulment of Commission Decision 2011/527/EU of 26 January 2011 on State aid C 7/10 (ex CP 250/09 and NN 5/10) implemented by Germany — Scheme for the carry-forward of tax losses in the case of restructuring of companies in difficulty (Sanierungsklausel) (OJ 2011 L 235, p. 26).

Operative part of the judgment

The Court:

1.Rejects the objection of inadmissibility;

2.Dismisses the action as unfounded;

3.Orders GFKL Financial Services AG to bear its own costs and to pay two thirds of the European Commission’s costs, and orders the Commission to bear one third of its own costs;

4.Orders the Federal Republic of Germany to bear its own costs.

(1)

OJ C 39, 11.2.2012.