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.
Updated – the authorisation has been published in the Official Journal.
The consultation is aiming at collecting information contributing to evaluate whether the ETS guidelines are effective, efficient, relevant, coherent and have an EU-added value. The consultation also aims at collecting information on available policy options to address the risk of carbon leakage due to indirect emission costs, while preserving the incentive of the EU ETS for a cost-effective decarbonisation of the economy and minimising competition distortions in the internal market.
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 Council today adopted a regulation that enables the Commission to exempt two additional categories of national subsidies from the standard checks required under EU state aid rules.
The European Commission has approved under EU State aid rules a measure to support electricity production from renewable sources for self-consumption in France until 2020. The measure will further the EU’s energy and climate objectives without unduly distorting competition in the Single Market.