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Image header Agence Europe
Europe Daily Bulletin No. 12806
Contents Publication in full By article 23 / 32
COURT OF JUSTICE OF THE EU / State aid

Case concerning illegal UK tax regime for multinationals based in Gibraltar is closed

06/10/2021 (Agence Europe)The European Commission decided on Wednesday 6 October to close the case that brought the UK before the Court of Justice of the European Union on the grounds that the UK authorities had not fully recovered €100 million of illegal State aid granted under an intellectual property tax exemption scheme for multinational companies that are based in Gibraltar. The UK has recovered all of the illegal State Aid, albeit with a delay, said the EU institution. (MB)

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EUROPEAN COUNCIL
SECTORAL POLICIES
EUROPEAN PARLIAMENT PLENARY
COURT OF JUSTICE OF THE EU
INSTITUTIONAL
ECONOMY - FINANCE
NEWS BRIEFS