Tax Lawyers / Fiscalisten

Friday, 08 March 2019

New State aid investigation into Luxembourg Ruling practice: Huhtamäki

New State aid investigation into Luxembourg Ruling practice: Huhtamäki
Amsterdam

On 7 March 2019, the European Commission (“EC”) opened a formal State aid investigation into tax rulings granted by the Luxembourg tax authorities (“LTA”) to a Huhtamäki group company, Huhtalux S.a.r.l. (“LuxCo”).  The EC will examine whether LuxCo was given a selective advantage that distorted competition within the EU’s internal market as a result of the tax rulings granted by the LTA, in breach of EU state aid rules.

The Huhtamäki group, headquartered in Finland, is engaged in food and beverage packaging activities. It is a leading converter of plastics and paperboard into food and beverage cups and containers in Europe, Asia and Australia.

Click here to read the full article. 

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