European Commission launches consultation on double non-taxation

March 2012

Overview

On February 29, 2012, the European Commission ("Commission") launched a public “fact-finding” consultation on the double non-taxation of companies within the European Union ("EU") and in relation with non-EU countries. This development and other recent developments in Europe regarding tax harmonization and state aid matters may have significant impact on the tax position and tax strategy of US multinationals with European operations

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