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Image header Agence Europe
Europe Daily Bulletin No. 12328
Contents Publication in full By article 7 / 27
ECONOMY - FINANCE / Competition

In-depth investigations into tax rulings benefiting 39 multinationals in Belgium

The European Commission has opened several in-depth investigations to determine whether or not the tax rulings on excess profit granted by the Belgian authorities to 39 multinational companies have given them or not given them an unfair advantage. 

These decisions follow a judgment of the General Court of the European Union of February 2019 annulling for procedural reasons the Commission's decision of January 2016 finding State aid incompatible with European Union law (see EUROPE...

Contents

INSTITUTIONAL
HUNGARY: Budapest refutes European Parliament arguments on rule of law at its first hearing before EU ministers
RULE OF LAW: Member States support idea of annual monitoring of respect for EU's fundamental values, but warn against duplication
BUDGET: hopes for an agreement at European Council on 2021-2027 financial framework by end of 2019 seem to be dwindling
UNITED KINGDOM: Commission ready to work actively with London on solution for an orderly Brexit before October European Summit
COMMISSION: Mrs von der Leyen satisfied that debates are underway over European way of life
COMMISSION: Antoine Kasel appointed Head of Cabinet for Commissioner-designate for Jobs, Nicolas Schmit
ECONOMY - FINANCE
COMPETITION: in-depth investigations into tax rulings benefiting 39 multinationals in Belgium
ECONOMY: European finance ministers reluctant to embark on drastic revision of budgetary rules
TAXATION: finance Ministers willing to consider energy taxation as a climate solution
TAXATION: EU rules on information exchange are effective in combating tax evasion, according to Commission
CYPRUS: 35 million allocated to projects supporting reunification of island
EXTERNAL ACTION
GEORGIA: Hahn calls for maintaining pace of reforms
ISRAEL: EU denounces acts of vandalism against its delegation
HUMAN RIGHTS: EU is revising its guidelines on fight against torture in non-Member States
UNITED STATES: Airbus-Boeing disputes, Malmström pessimistic about likelihood of a negotiated solution with Washington
SECTORAL POLICIES
ENERGY: on 24 September, EU ministers will discuss draft national energy/climate plans
INDUSTRY: intellectual property must be integrated into EU's future industrial policy, according to BusinessEurope
CLIMATE: CAN Europe urges EU to commit to raising its 2030 CO2 emissions reduction target to 65%
SOCIAL AFFAIRS
SOCIAL: positive balance for Globalisation Adjustment Fund, according to a European Commission report
NEWS BRIEFS
STATE AID: green light for Belgian measure to support companies with high electricity consumption
SAUDI ARABIA: EU denounces drone attack on oil installations
COMMISSION: Commissioner-designate Didier Reynders denies allegations of corruption against him
COMMISSION: Culture Action Europe is mobilising to include key word in title of portfolio granted to Mariya Gabriel
DEFENCE: EU modifies its common position on exports of military technology and equipment
ECONOMY: Irene Tinagli elected chairwoman of European Parliament Committee on Economic and Monetary Affairs
TAXATION: Germany's about-face on country by country reporting
FOOD SAFETY: EU identifies shortcomings in Belarusian system of controls on fisheries products