EU: Luxembourg to comply with EC tax rulings | KPMG | GLOBAL

EU: Luxembourg to comply with EC tax rulings investigation

EU: Luxembourg to comply with EC tax rulings

The European Commission issued a release, welcoming a decision by the government of Luxembourg announcing that it will fully comply with the EC request for information on its tax rulings practice and patent boxes.


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The EC release reflects statements from an EC Commissioner who states that with this announcement, the EC will no longer need to pursue infringement action against Luxembourg, and that:


We need to take action – and are taking action - to ensure companies pay their fair share of tax. I am committed to taking a structured and informed approach to address distortions of competition in the EU through unfair and selective tax advantages.

I hope and have every reason to assume that going forward my team and I will see good cooperation by the Luxembourg authorities and all other Member States in our efforts to tackle unfair tax avoidance.

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