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European Commission Publishes Non-Confidential Decision to Open State Aid Investigation into UK CFC Group Financing Exemption

21 November 2017

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Approved Changes

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European Union-United Kingdom

On 16 November 2017, the European Commission announced the release of the non-confidential version of the decision to open a State Aid investigation into the UK CFC Group Financing Exemption ({News-2017-10-31/A/6-previous coverage}). --- State aid: Commission publishes non-confidential version of decision to open an in-depth investigation into UK tax scheme for multinationals Today, the European Commission has published the non-confidential version of the decision adopted on 26 October 2017 to open an in-depth investigation into a UK scheme that exempts certain transactions by multinational groups from the application of UK Controlled Foreign Company rules targeting tax avoidance. The Commission is...