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European Commission Opens New State Aid Investigations into Belgian Excess Profit Rulings

18 September 2019

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Approved Changes

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European Union-Belgium

The European Commission has announced the opening of new State aid investigations into Belgium excess profit tax rulings. The new investigations follow the annulment earlier in the year of a 2016 State aid decision of the European Commission, which found that Belgium's excess profit rulings violated State aid rules. --- State aid: Commission opens in-depth investigations into individual "excess profit" tax rulings granted by Belgium to 39 multinational companies The European Commission has opened separate in-depth investigations to assess whether "excess profit" tax rulings granted by Belgium to 39 multinational companies gave those companies an unfair advantage over their competitors,...