State Aid Law and Business Taxation PDF
Preview State Aid Law and Business Taxation
MPI Studies in Tax Law and Public Finance 6 Isabelle Richelle Wolfgang Schön Edoardo Traversa Editors State Aid Law and Business Taxation MPI Studies in Tax Law and Public Finance Weitere Bndeindieser Reihe http://www.springer.com/series/10393 MPI Studies in Tax Law and Public Finance Volume 6 SeriesEditors KaiA.Konrad WolfgangSch€on € Isabelle Richelle (cid:129) Wolfgang Schon (cid:129) Edoardo Traversa Editors State Aid Law and Business Taxation Editors IsabelleRichelle WolfgangSch€on TaxInstitute MaxPlanckInstitutefor HEC-UniversityofLie`ge TaxLawandPublicFinance Lie`ge,Belgium Munich,Germany EdoardoTraversa Faculte´dedroitetdecrimonologie Universite´catholiquedeLouvain Louvain-la-Neuve,Belgium ISSN2196-0011 ISSN2196-002X (electronic) MPIStudiesinTaxLawandPublicFinance ISBN978-3-662-53054-2 ISBN978-3-662-53055-9 (eBook) DOI10.1007/978-3-662-53055-9 LibraryofCongressControlNumber:2016955414 ©Springer-VerlagBerlinHeidelberg2016 Thisworkissubjecttocopyright.AllrightsarereservedbythePublisher,whetherthewholeorpartof the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilarmethodologynowknownorhereafterdeveloped. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publicationdoesnotimply,evenintheabsenceofaspecificstatement,thatsuchnamesareexempt fromtherelevantprotectivelawsandregulationsandthereforefreeforgeneraluse. Thepublisher,theauthorsandtheeditorsaresafetoassumethattheadviceandinformationinthis book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained hereinorforanyerrorsoromissionsthatmayhavebeenmade. Printedonacid-freepaper ThisSpringerimprintispublishedbySpringerNature TheregisteredcompanyisSpringer-VerlagGmbHBerlinHeidelberg Preface InNovember2015,theMaxPlanckInstituteforTaxLawandPublicFinance,the Universite´ CatholiquedeLouvainandtheTaxInstituteoftheUniversityofLie`ge along with Leiden University and the University of Rennes convened two interlinkedevents inthePalaisdes Acade´mies inBrusselstodiscuss fundamental andspecificissuesofEuropeancompetitionlawinthefieldoffiscalaid.Theopen conference“TaxationandEUStateAidLaw–CurrentPracticeandPolicyIssues” was followed by the closed symposium “State Aid Law and Business Taxation: SelectedIssues”.Thisvolumeconsistsofpapersandpresentationsdeliveredinthe courseoftheconferenceandthesymposium.Itsgoalistoprovidethereaderwith themostcurrentaccountofwherewecurrentlystandwithregardtotherelationship between“businesstaxationandstateaidlaw”. It is no secret that this area of European competition law has risen to global prominence due to the procedures initiated by the European Commission against several European Member States in the context of harmful tax competition and aggressivetaxplanning.Butitisalsowellknownthattheinteractionbetweenstate aid discipline and national tax legislation started several decades ago and both extensiveCommissionpracticeandhighlysophisticatedCourtjurisprudenceinthis fieldhavecontributedtotransformtheprohibitiononselective aidunderArt.107 (1)oftheTreatyontheFunctioningoftheEuropeanUnion(TFEU)notonlyintoa substantial constraint to tax sovereignty in the Member States of the European UnionbutalsointoapowerfulpolicytoolinthehandsoftheEuropeanCommission (which can take action under Art. 107 and 108 of TFEU, without the necessity to consult with the Council or to establish proceedings in the Court of Justice of the European Union (CJEU)). In April 2016, the European Commission emphasized thehighrelevanceofstateaidlawinthefieldofbusinesstaxationwhenitpublished itslong-awaitednoticeonthenotionofstateaidundertheTreaty. Against this background, this volume tries to present both foundational ques- tions—regarding central notions like “advantage”, “selectivity” and “discrimi- nation”—andrecentchallengesstemmingfromthepracticalapplicationofstateaid control, e.g. in highly discussed sectors like energy taxation, research and v vi Preface developmentincentivesorleasingtransactions.Giventhestateofthedebateinthe EuropeanUnionandbeyond,mostcontributionsinthisvolumefocusondifferent aspectsofinternationaltaxationseenthroughthelensofArt.107(1)oftheTFEU: doubletaxationanddoublenon-taxation,taxavoidance,beneficialrulingpractice, transfer pricing, harmful tax competition, the code of conduct and so on. In this respect,thisvolumeclaimstocontainnotonlythemostrecentaccountofstateaid disciplineinfiscalmattersatlargebutalsothefirstextensivemulti-voicedebateon theinteractionbetweenstateaidlawandinternationaltaxcases. Wewerehappythatmanyhigh-levelspeakersandfurtherparticipantsfromthe EuropeanCommission,academicandjudicialinstitutionsandprivatepracticewere willing to join us for two days, sharing their views and proposals for the future developmentofthisarea.Theeditorsofthisbookhopethatthefindingspresented inthisvolumearewellreceivedbyaninternationalaudience,givingrisetofurther debate on the requirements of the European tax order when Member States are willing to deliver aid through the tax code to the benefit of their national and internationalbusiness. Theeditorsexpresstheirgratitude toLeopoldoParadaforhisdiligentworkon thepublicationofthisbook. Lie`ge,Belgium IsabelleRichelle Munich,Germany WolfgangSch€on Louvain-la-Neuve,Belgium EdoardoTraversa June2016 Contents PartI Fundamentals TaxLegislationandtheNotionofFiscalAid:AReviewof5Years ofEuropeanJurisprudence. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 WolfgangSch€on StateAidandTaxation:SelectivityandComparabilityAnalysis. . . . . . 27 MichaelLang TaxIncentivesUnderStateAidLaw:ACompetitionLawPerspective... 39 ThomasJaeger ComparingCriteria:StateAid,FreeMovement,HarmfulTax CompetitionandMarketDistortingDisparities. . . . . . . . . . . . . . . . . . . 59 PeterJ.Wattel PartII InternationalTaxationandHarmfulTaxCompetition ReformingtheCodeofConductforBusinessTaxationinthe NewTaxCompetitionEnvironment. . . . . . . . . . . . . . . . . . . . . . . . . . . . 75 Vale`reMoutarlier Anti-avoidanceMeasuresandStateAidinaPost-BEPSContext: AnAttemptatReconciliation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 EdoardoTraversaandPierreM.Sabbadini StateAidBenchmarkingandTaxRulings:CanWeKeepItSimple?. . . 111 RaymondLuja DoubleTaxationRelief,TransferPricingAdjustments andStateAidLaw. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 133 WernerHaslehner vii viii Contents DoubleTaxationRelief,TransferPricingAdjustmentsandState AidLaw:Comments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163 RitaSzudoczky TheCatandthePigeons:SomeGeneralCommentson(TP) TaxRulingsandStateAidAftertheStarbucksandFiatDecisions. . . . 185 PeterJ.Wattel PartIII Sector-SpecificAspectsofPreferentialTaxation EnergyTaxationandStateAidLaw. . . . . . . . . . . . . . . . . . . . . . . . . . . 197 MartaVillarEzcurra IntellectualProperty,TaxationandStateAidLaw. . . . . . . . . . . . . . . . 221 Ce´cileBrokelind TheRecoveryObligationandtheProtectionofLegitimate Expectations:TheSpanishExperience. . . . . . . . . . . . . . . . . . . . . . . . . . 247 JuanSalvadorPastoriza Part I Fundamentals
Description:The list of books you might like
