The Commission has found that the non-taxation of certain McDonald’s profits in Luxembourg did not lead to illegal State aid, as it is in line with national tax laws and the Luxembourg-United States Double Taxation Treaty. At the same time, the Commission welcomes steps taken by Luxembourg to prevent future double non-taxation.
The European Commission has adopted a new Best Practices Code for State aid control. The Code provides guidance to the Commission, Member States, businesses and other stakeholders on the day-to-day conduct of State aid procedures, to improve their effectiveness, transparency and predictability.
High Level Forum on State Aid Modernisation, Brussels, 19 June 2018.
For the next long-term EU budget 2021-2027, the Commission proposes to create the InvestEU Programme, bringing EU budget financing in the form of loans and guarantees under one roof.