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European Commission Opens In-Depth State Aid Investigation into Luxembourg Tax Rulings on Interest-Free Loans

08 March 2019

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Approved Changes

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European Union-Luxembourg

On 7 March 2019, the European Commission announced that it has opened an in-depth investigation into tax rulings provided by Luxembourg to Finnish food and drink packaging company Huhtamäki regarding interest-free loans. --- State aid: Commission opens in-depth investigation into tax treatment of Huhtamäki in Luxembourg The European Commission has opened an in-depth investigation to examine whether tax rulings granted by Luxembourg to Finnish food and drink packaging company Huhtamäki may have given the company an unfair advantage over its competitors, in breach of EU State aid rules. The Commission's formal investigation concerns three tax rulings issued by Luxembourg to...