EU Pushes Luxembourg For Tax Ruling, IP Information

Law360, New York (March 24, 2014, 6:00 PM EDT) -- Luxembourg must send information about its tax ruling practices and intellectual property tax regime to the European Commission within one month or risk being sent to the European Union Court of Justice, the EC said Monday.

The European Commission is compiling information from all EU member countries in order to determine if certain tax practices favor certain companies and breach the bloc's state aid rules. However, Luxembourg has purportedly failed to adequately answer previous information requests, causing the EC to issue two information injunctions ordering the...
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