The EU General Court annuls the Commission’s State aid decision on Belgian express profit rulings (Magnetrol International)

On 14 February 2019, the EU General Court annulled the European Commission's ("EC") State aid decision of 11 January 2016 on Belgian excess profit rulings ("EPR"). Unlike most State tax aid cases, the Belgian EPR case is not about individual aid but about an aid scheme as defined in Article 1(d) of Regulation 2015/785 (i.e., is not about an individual tax ruling but about a government program on the basis of which individual aid awards may be made to

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  • Bird & Bird (Brussels)

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José Rivas, The EU General Court annuls the Commission’s State aid decision on Belgian express profit rulings (Magnetrol International), 14 February 2019, e-Competitions February 2019, Art. N° 94660

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