Brussels, 10/04/2002 (Agence Europe) - The European Commission has decided to launch the formal state aid examination procedure on the tax scheme applying to US Foreign Sales Corporations (FSC) located in Belgium. It takes the form of a "fiscal ruling", an agreement by the authorities concerning the tax treatment of certain operations. FSC established in Belgium may apply to the Belgian tax authorities to have their taxable income calculated as a fixed percentage of their expenditure using...