In January 2019, the Organisation for Economic Cooperation and Development (OECD) released a landmark report, “Measuring distortions in international markets: The aluminium value chain.” It highlights how non-market forces are responsible for some of the recent increases in aluminium smelting capacities, with adverse impacts throughout the value chain.
The European Commission is inviting Member States and other stakeholders to comment on its proposal to exempt from prior Commission scrutiny under EU State aid rules aid granted through national funds for projects supported under certain EU centrally managed programmes.
This event will focus on state aid outside of the EU as well as on its procedural and institutional issues.
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.