On 19 May 2016, the EU Commission (EC) published its final Notice on the notion of State aid.
The Notice updates the EC’s Notice on the application of the State aid rules to various measures including those relating to direct business taxation (98/C 384/03), which essentially sets out the EC’s view on how State aid applies and also how the EC interprets the CJEU’s jurisprudence.
The final Notice largely follows the EC’s draft Notice on the notion of State aid which was published in January 2014.
More information can be found in the newsflash via the following link.
