Investigations into the tax-ruling practices of Iceland, Liechtenstein, and Norway have found no evidence of the countries’ tax rulings being used in violation of state aid rules, according to a June 4 announcement from the European Free Trade Association (EFTA) Surveillance Authority (ESA).
The three non-EU countries form part of the European Economic Area along with the EU. The European Economic Area agreement between the countries and the EU includes state aid rules that correspond to the EU state aid rules.
The ESA launched the investigations into the three countries on its own initiative. The investigations were conducted in parallel with investigations by the European Commission into the tax-ruling practices of EU member states.
The ESA has now closed its investigations of the countries, finding no evidence of infringements.
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