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European Commission Publishes Recommendation on Restricting Aid to Companies with Links to Tax Havens

15 July 2020

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Approved Changes

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European Union

The European Commission has published its recommendation that EU Member States do not grant financial support to companies with links to countries that are on the EU's list of non-cooperative tax jurisdictions, especially in the context of the COVID-19 pandemic. --- State aid: Commission recommends restricting aid to companies with links to tax havens The European Commission has today recommended that Member States do not grant financial support to companies with links to countries that are on the EU's list of non-cooperative tax jurisdictions. Restrictions should also apply to companies that have been convicted of serious financial crimes, including, among...