THE COMMISSION ANNNOUNCES ITS DECISIONS ON TAX RULINGS ISSUED BY LUXEMBOURG AND THE NETHERLANDS
On 21 October, the Commission announced its decisions whereby Luxembourg and Netherlands are found to have violated EU state aid rules, as they granted selective tax advantages to Fiat Finance and Trade and Starbucks respectively by issuing tax rulings artificially lowering the tax paid by the companies. These decisions followed in-depth investigations that were opened…