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E.U. State Aid – The Saga Continues

Volume 3 No 6    /    Read Article

By Christine Long and Beate Erwin

For several years, the European Commission has been on a mission to raise on a retroactive basis the income tax of large corporations that received favorable tax rulings from national authorities. Using as its tool the rules prohibiting State Aid, the Commission has gone after Fiat Chrysler, McDonald’s, Starbucks, and others. Christine Long and Beate Erwin explore the Commission’s latest push and the outcry it is causing on both sides of the Atlantic. Luxembourg and the Netherlands have appealed recent rulings and the mood in Washington, D.C. is chilly, at best.    See more →