What is the issue?
State aid and tax has dominated news relating to multinationals in the past few years.
What does it mean to me?
At the time of writing a Brexit withdrawal agreement has been published but it is as yet unclear whether the UK and EU will adopt the terms of the agreement, or whether the UK will leave the EU on 29 March 2019.
What can I take away?
If a withdrawal agreement is agreed, the Commission has plenty of time to conclude its position on these investigations and to order the UK to recover aid from taxpayers, and probably even to penalise the UK if it does not do so. It also allows the Commission plenty of time to develop its theory of the application of State aid law to tax still further.
to view full article on Tax Adviser website.