News & Analysis as of July 23, 2025

Multinationals

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

Analysis of International Tax Changes Under the 2025 Tax Legislation

BakerHostetler on 7/21/2025

The Legislation combines spending and policy priorities from 11 congressional committees and will reshape federal policy across nearly every sector of the U.S. economy. There is a possibility for one or more additional...more

The European Commission Investigates U.K. Tax Rules

A&O Shearman on 5/3/2018

On October 26, 2017, the European Commission (EC) announced a formal State aid investigation into a U.K. exemption from U.K. anti-tax avoidance rules for certain transactions by multinational groups, the so-called Group...more

State Aid in Disguise?—EC Investigates UK Tax Regime

Jones Day on 12/13/2017

The Background: The European Commission has opened an in-depth investigation into a specific provision of the UK-controlled foreign company rules. The Issue: The Commission will investigate whether the UK's so-called Group...more

EU Opens Investigation Into UK Tax Scheme for Multinationals

BCLP on 12/1/2017

The EU State aid rules are designed to stop Governments and local authorities giving companies a selective advantage, as doing so would create an unequal playing field. Say for example, a competitor in one country was given a...more

EU & Competition Law Update – November 2017

BCLP on 11/20/2017

EU opens investigation into UK tax scheme for multinationals - The EU State aid rules are designed to stop Governments and local authorities giving companies a selective advantage, as doing so would create an unequal...more

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

Skadden, Arps, Slate, Meagher & Flom LLP on 10/31/2017

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

Amid the Economic Uncertainties of the Brexit, New Challenges in Corporate Tax Structuring for UK Companies (And Their Parents,...

Nutter McClennen & Fish LLP on 6/27/2016

The June 23, 2016 “leave” Brexit vote has left many in the business and legal communities stunned, and while uncertainties abound, there is no doubt that wading through the economic and administrative complexities of exiting...more

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