European Commission publishes decision to investigate the Belgian excess profit provision


The non-confidential version of the European Commission’s opening decision announcing the formal investigation into the Belgian Excess Profit provision embodied in section 185 §2, b) of the Income Tax Code was published in the EU’s Official Journal on 5 June 2015.

Beneficiaries of excess profit rulings are requested to submit their comments at the latest one month following the publication of the non-confidential version of the Commission’s letter, i.e. 6 July 2015.

For more information in this respect, we refer to the EUDTG Newsalert of 8 June 2015 (EC State aid investigation into Belgium)