The European Commission has launched a consultation on a White Paper on foreign subsidies. According to the Commission, subsidies granted by non-EU governments to companies in the EU appear to have an increasing negative impact on competition in the Single Market. The White Paper discusses levelling the playing field as regards foreign subsidies.

The White Paper outlines the different cases involving foreign subsidies which includes tax measures such as corporate tax regimes providing selective incentives to a parent company located outside the EU. More information can be found in the White Paper available on the Commission’s website. Interested parties are asked to respond to the Consultation by 23 September 2020. The Commission will present legislative proposals based on the responses received to the Consultation.