The European Commission has found that a UK tax scheme is partly justified and does not constitute State aid, insofar as it ensures the proper functioning and effectiveness of the relevant tax rules. However, the Commission found that the scheme unduly exempted certain multinational groups from these UK rules targeting tax avoidance. This is illegal under EU State aid rules. The UK must now recover the illegal State aid from the multinational companies that benefited from it.
The 2018 State Aid Scoreboard, published today by the European Commission, shows the positive role of State aid policy in steering public support towards objectives of common European interest and confirms the benefits of the State Aid Modernisation package.
The European Commission has approved under EU State aid rules a voucher scheme to support the take-up in Greece of broadband services with download speeds of at least 100 Megabit per second. The measure will contribute to reducing the digital divide while limiting distortions of competition.
The European Commission has approved under EU State aid rules a Bavarian project to deploy very high capacity networks in six municipalities. The aid will bring very fast broadband to customers in areas where the market does not provide them, in line with the EU broadband connectivity goals.
The European Commission has found that an integrated project jointly notified by France, Germany, Italy and the UK for research and innovation in microelectronics, a key enabling technology, is in line with EU State aid rules and contributes to a common European interest.
The four Member States will provide in the coming years up to €1.75 billion in funding for this project that aims to unlock an additional €6 billion in private investment. The project should be completed by 2024 (with differing timelines for each sub-project).