Statement by Commissioner Vestager welcoming Luxembourg's decision to provide all information requested on tax rulings and patent boxes
December 20, 2014
Margrethe Vestager,Commissioner in charge of competition policy, issued a statement yesterday evening welcoming Luxembourg's announcement that they will fully comply with the Commission's requests for information on its tax rulings practice and patent box scheme. They will now provide the Commission with all the requested information outstanding. She said: "I welcome that by today's announcement Luxembourg acknowledges the Commission's powers to investigate their general tax rulings practice under State aid rules." She added: "We need to take action – and are taking action - to ensure companies pay their fair share of tax. I am committed to taking a structured and informed approach to address distortions of competition in the EU through unfair and selective tax advantages."