The European Commission’s state-aid investigations of U.S. corporations have captured the attention of the world’s media. The commission has ordered several member states to recoup money that U.S. companies supposedly saved through tax arrangements, with additional investigations of other U.S. companies pending.
Although the commission denies targeting U.S. companies, critics claim that the commission has used its state-aid laws to start a “tax war” with the U.S. Because there is no U.S. parallel to the EU state-aid laws, this is all a mystery to most U.S. companies and lawyers.
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