The EU Commission decides to refer the UK to the Court of Justice for failing to fully recover an illegal State aid

State aid: Commission refers United Kingdom to European Court for failure to fully recover illegal tax exemption aid of up to around €100 million in Gibraltar* The European Commission has decided to refer the United Kingdom to the Court of Justice of the European Union for failing to fully recover illegal State aid of up to around €100 million, granted as a tax exemption for passive interest and royalties in Gibraltar, as required by a Commission decision. This case relates to facts that took place before the United Kingdom's withdrawal from the European Union. On 19 December 2018, the Commission adopted a Decision regarding Gibraltar's corporate tax exemption regime for passive interest and royalties applicable between 1 January 2011 and 30 June 2013 and between 1 January 2011 and 31

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European Commission, The EU Commission decides to refer the UK to the Court of Justice for failing to fully recover an illegal State aid, 19 March 2021, e-Competitions Tax rulings, Art. N° 99747

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