Tag: Luxembourg
Further controversy on the horizon for EU #freeports?
Le Freeport Luxembourg, a hulking warehouse adjacent to Findel Airport which thanks to a special status allows goods from fine wine to Old Masters to remain untaxed almost indefinitely in its vaults, has been under heavy scrutiny recently. After a group of MEPs expressed their concerns that the facility could be used “as a hotbed […]
Commission adopts Opinion on Luxembourg’s updated #DraftBudgetaryPlan
The European Commission has adopted its Opinion on the updated Draft Budgetary Plan of Luxembourg and found the updated Plan for 2019 to be fully compliant with the rules of the Stability and Growth Pact. Nonetheless, the Commission invites the authorities to accelerate progress on the structural part of the fiscal recommendations addressed to them by the Council last July. Following general […]
#Latvia becomes 19th EU country to join #eHealth co-operation for personalized health care
Latvia has signed the European Declaration on linking genomic databases across borders that aims to improve understanding and prevention of disease and allow for more personalized treatments, in particular for rare diseases, cancer and brain-related diseases. The Declaration is an agreement of co-operation between the countries that want to provide secure and authorized cross-border access to national and […]
Commission refers #Luxembourg to #EUCourtOfJustice for not completely implementing #EUMoneyLaundering rules
The European Commission has decided to refer Luxembourg to the EU Court of Justice for transposing only part of the 4th Anti-Money Laundering Directive (Directive 2015/849) into their national law. The Commission proposed that the Court charges a lump sum and daily penalties until Luxembourg takes the necessary action. Justice, Consumers and Gender Equality Commissioner […]
#StateAid – Commission approves €45 million extension of #Biogas support scheme in #Luxembourg
The European Commission has approved, under EU state aid rules, the extension of an aid scheme to support biogas production in Luxembourg for six years. The objective of the measure is to ensure a stable remuneration for biogas plants, which produce biogas from biomass and inject it in the natural gas network. The Commission assessed […]
Countries launch UN work to shut down global trade in #TortureTools
On 24 September, the Alliance for Torture-Free Trade agreed to step up the pace of its efforts and work towards a United Nations instrument – such as a binding convention – to stop the trade in instruments for torture and the death penalty. The Alliance for Torture-Free Trade is an initiative of the European Union, […]
State aid: Commission investigation did not find that #Luxembourg gave selective tax treatment to #McDonald’s
The Commission has found that the non-taxation of certain McDonald’s profits in Luxembourg did not lead to illegal State aid, as it is in line with national tax laws and the Luxembourg-United States Double Taxation Treaty. Following an in-depth investigation launched in December 2015, based on doubts that Luxembourg might have misapplied its Double Taxation […]