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Lexology PRO | European Union, Global, USA | 18 Nov 2021

EU officials disagree over guidance for new EU foreign subsidies rules

A member of the European Parliament and an official at the European Commission’s Directorate-General for Competition have clashed over the need for clearer guidelines on new EU foreign subsidies rules proposed in May.
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bureau Brandeis | European Union, Netherlands | 7 Nov 2021

Meer bescherming voor Europese bedrijven door wetsvoorstellen “meldplicht buitenlandse subsidies” en “veiligheidstoets investeringen bij fusies en overnames”

Binnen de EU bestaat de laatste jaren steeds meer aandacht voor de specifieke risico’s die gepaard gaan met een open investeringsklimaat. Dit heeft…
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Bird & Bird LLP | European Union, United Kingdom | 21 Sep 2021

The UK’s new subsidy control regime

Following the UK's EU exit, the UK government committed to introducing new rules for authorities that award subsidies to businesses. After eight…
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Hogan Lovells | European Union, United Kingdom | 4 Aug 2021

UK Subsidy Control Bill - “considerable unknowns" remain

The UK Government has been busy adding flesh to the bare bones of the domestic subsidy control regime that has been in place since the start of 2021…
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WTS Global | Poland | 26 Jul 2021

Poland: Forgiven PFR subsidy debt attracts no income tax

This is to draw your attention to the regulation of the Minister for Finance, Funds and Regional Policy on the non-collection of income tax relating…
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Gowling WLG | Canada | 13 Jul 2021

Canada Emergency Wage Subsidy: TPM-17 and transfer pricing considerations

On March 2, 2016, the Canada Revenue Agency ("CRA") released Transfer Pricing Memorandum 17 "The Impact of Government Assistance on Transfer Pricing"…
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Gowling WLG | European Union, United Kingdom | 2 Jul 2021

UK Government launches new subsidy control system to support UK businesses after Brexit

This week, the UK Government announced a new subsidy control system that will provide financial aid to UK businesses following Brexit. Contrary to the…
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Lexology PRO | Belgium, European Union, Ireland, etc. | 30 Jun 2021

New UK subsidy regime abandons pre-approval process

The UK government has unveiled a subsidy control system to replace EU state aid rules, including a new advisory unit that will sit within the UK’s Competition and Markets Authority.
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Herbert Smith Freehills LLP | European Union | 21 Jun 2021

EU proposal to address foreign subsidies

If adopted in its current form, the proposed regulation could have a transformative impact and significantly increase the regulatory risk and burdens…
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Jones Day | European Union | 4 Jun 2021

Reining In Foreign Subsidies Distorting the EU Market: The European Commission Takes One Step Closer

The European Commission ("Commission") has faced significant pressure from stakeholders to quickly address growing concerns over the distortive…
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