Despite the undeniable advantages in terms of legal certainty and compliance, tax rulings may facilitate harmful tax competition. The Commission has been investigating on rulings granting a selective advantage to specific economic operators from the perspective of State aid rules. The aids’ recovery that may follow is undermining that same legal certainty that tax authorities attempt to achieve through the issuance of rulings. While it is the State that has failed to comply with the procedure laid down in Art. 108 TFEU, the financial burden of the recovery is entirely borne by the companies. Building on the analysis of the Union Courts’ case law and of the Commission decisions, this contribution attempts to identify the recommended measures and policies to minimize the risk of recovery.

Francioso, C. (2019). State Aid and Tax Rulings: Managing the Risk of Recovery. In P. De Vincentiis, F. Culasso, S.A. Cerrato (a cura di), The Future of Risk Management, Volume I Perspectives on Law, Healthcare, and the Environment (pp. 351-382). Palgrave Macmillan - Springer International Publishing [10.1007/978-3-030-14548-4_15].

State Aid and Tax Rulings: Managing the Risk of Recovery

Francioso, C
2019

Abstract

Despite the undeniable advantages in terms of legal certainty and compliance, tax rulings may facilitate harmful tax competition. The Commission has been investigating on rulings granting a selective advantage to specific economic operators from the perspective of State aid rules. The aids’ recovery that may follow is undermining that same legal certainty that tax authorities attempt to achieve through the issuance of rulings. While it is the State that has failed to comply with the procedure laid down in Art. 108 TFEU, the financial burden of the recovery is entirely borne by the companies. Building on the analysis of the Union Courts’ case law and of the Commission decisions, this contribution attempts to identify the recommended measures and policies to minimize the risk of recovery.
Capitolo o saggio
Legitimate expectations; Recovery; Risk management; State aid; Tax rulings;
English
The Future of Risk Management, Volume I Perspectives on Law, Healthcare, and the Environment
De Vincentiis, P; Culasso, F; Cerrato, SA
2019
978-3-030-14547-7
Palgrave Macmillan - Springer International Publishing
351
382
Francioso, C. (2019). State Aid and Tax Rulings: Managing the Risk of Recovery. In P. De Vincentiis, F. Culasso, S.A. Cerrato (a cura di), The Future of Risk Management, Volume I Perspectives on Law, Healthcare, and the Environment (pp. 351-382). Palgrave Macmillan - Springer International Publishing [10.1007/978-3-030-14548-4_15].
none
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/233929
Citazioni
  • Scopus 0
  • ???jsp.display-item.citation.isi??? ND
Social impact