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European Commission Tax Exemptions

Bergeson & Campbell, P.C.

EC Approves Sweden’s Prolongation Of Tax Exemption For Biofuels

On October 8, 2020, the European Commission (EC), under the European Union (EU) State aid rules, approved the prolongation of tax exemptions for biofuels in Sweden. Having exemptions for liquid biofuels from energy and carbon...more

McDermott Will & Emery

General Court Annuls European Commission Decision on Belgian Excess Profit Exemption System

McDermott Will & Emery on

On 14 February 2019, the General Court of the European Union (GCEU) annulled the decision of the European Commission (Commission) on the Belgian excess profit exemption system (SA.37667) in its entirety on the ground that the...more

Skadden, Arps, Slate, Meagher & Flom LLP

European Commission Opens State Aid Investigation Into Finance Company Exemption From UK CFC Rules

On 26 October 2017, the European Commission (the Commission) opened an in-depth investigation into UK statutory rules that exempt certain financing income earned by foreign subsidiaries of UK corporate taxpayers from UK tax....more

McDermott Will & Emery

European Commission Investigates Exemption from Renewable Energy Surcharge for Energy-Intensive Companies in Germany

McDermott Will & Emery on

The European Commission today opened a State aid investigation into the German Renewable Energy Source Act (the EEG), claiming that the EEG may have given unlawful advantages to energy-intensive companies in Germany. These...more

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