In a decision returned on Wednesday 19 September, the European Commission found that the failure to tax certain profits made by McDonald's in Luxembourg, by virtue of tax rulings, did not constitute unlawful State aid within the meaning of EU law, as this situation complies with Luxembourg's tax law and the agreement on dual taxation between Luxembourg and the United States.
“Our in-depth investigation has shown that the reason for the double non-taxation in this case is a mismatch between...