OrbitaxOrbitax

European Commission Proposes Regulation to Address Distortions Caused by Foreign Subsidies

|Proposed Changes|European Union
European Union

The European Commission has announced a proposal for a regulation to address distortions in the internal (EU) market caused by foreign subsidies. For the purpose of the regulation, foreign subsidies may include, for example, interest-free loans, unlimited guarantees, capital injections, preferential tax treatment, tax credits, and direct grants.

---

The Proposed Regulation

Scope

Under t…

Continue Reading