Luxembourg Government Takes Note of European Commission's Huhtamaki Tax Investigation

The Luxembourg government has taken note of the European Commission's decision to investigate the Huhtamaki tax case.

Today, the European Commission announced its decision to launch an in-depth investigation into Luxembourg's tax practices, particularly Huhtamaki tax rulings dating back to the years 2009, 2012 and 2013.

For its part, the Luxembourg government has maintained its position that the Finland-based food packaging specialist Huhtamaki has not been granted State aid incompatible with the internal market within the meaning of Article 107 (1) of the Treaty on the Functioning of the European Union.

Nevertheless, the government has stated its intention to analyse the opening decision with due diligence and send its comments in due time to the European Commission in accordance with the applicable procedure.

Luxembourg has reiterated that, since the time of the rulings in question, significant reforms have been implemented in the field of Luxembourg tax law and the country is fully committed to the OECD's BEPS project, in the spirit of the level playing field. The government also emphasised that Luxembourg shares the Commission's objective of combating tax evasion and will cooperate fully with the Commission in its investigation.