European Commission publishes working paper on State aid and tax rulings

  • By A&S
  • June 5, 2016
  • News

On June 3, 2016, the European Commission (EC) published a working paper on State aid and tax rulings. Prepared as an internal working paper and to provide background to the High Level Forum on State Aid (held on the same day), the working paper provides a brief summary on…

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European Commission adopts decisions requiring Belgium, France and the Netherlands to tax their seaports

  • By A&S
  • January 21, 2016
  • News

The European Commission (EC) has adopted three decisions regarding the taxation of seaports in Belgium (SA:38393), France (SA:38398) and the Netherlands (SA:25338). The EC press release regarding state aid and the revised General Block Exemption Regulation (GBER) can be found here. The Netherlands Although the Netherlands adopted a law back in…

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European Commission concludes Belgian excess profit tax scheme illegal

  • By A&S
  • January 11, 2016
  • News

On January 11, 2016, the European Commission (Commission) issued a press release stating that the selective tax advantages granted by Belgium under its “excess profit” tax scheme are illegal under EU state aid rules. The Belgian “excess profit” tax scheme, applicable since 2005, allowed certain multinational group companies to…

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Luxembourg to appeal European Commission’s decision in Fiat case

  • By A&S
  • December 5, 2015
  • News

On December 4, 2015, the Luxembourg government announced that it will appeal the European Commission’s decision in the Fiat Finance and Trade case, to obtain legal clarity and predictability on the practice of tax rulings. It its press release, Luxembourg observes that the vast majority of EU Member States…

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European Commission deems Fiat and Starbucks tax rulings illegal under EU state aid rules

  • By A&S
  • October 21, 2015
  • News

On October 21, 2015, the European Commission (Commission) issued a press release stating that it Luxembourg and the Netherlands have granted selective tax advantages to Fiat Finance and Trade and Starbucks, respectively, and deemed that these rulings are illegal under EU state aid rules. Following in-depth investigations, which were…

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