Theintersectionbetweenfiscalstateaidandtaxationhasbecomemoretopicalthanever.MountingfinancialcriseshaveleftEUMemberStatesscramblingtoincreasetheirtaxrevenue,balancetheirbudgets,andattractcapital.Takingadvantageofthesetrends,multinationalenterpriseshavelobbiedforfavourabletaxarrangements,raisingquestionsaboutthebreadthofcontroltheCommissioncanandshouldpractise.Toaddressegregiousinstancesoffavourabletaxation,theCommissionhastriedtosimultaneouslyusesoftlawanddeployTreatyrulesonstateaid.FiscalStateAidLawandHarmfulTaxCompetitionintheEUexaminestheuseofstateaidrulesagainstnationaltaxmeasures.Kyriazis’sbookpresentsatargetedinvestigationofthesemeasuresintwoparts.ThefirstpartaddressesCommissiondecisionsandECJjudgmentsoftheearly2000s,whichtheauthorcallsthe“firstwave“.ThesecondpartconsistsofalltherecentCommissiondecisionsandinvestigationsintotaxschemesandindividualtaxrulings,mostnotablytheApple,Fiat,Starbucks,andAmazoninvestigations,whichKyriazislabelsthe“secondwave“.Thecharacteristicsandcommonthreadsofeachwavearesetout,theirsimilaritiesanddifferencesdissected,andtheirnexustotheEU’sfightagainstharmfultaxcompetitionexplored.ContainingathoroughanalysisofthelegalconceptoffiscalstateaidunderArticle107(1)oftheTreatyontheFunctioningoftheEuropeanUnion,thisbookwillbeofinteresttoscholarsofEuropeanandInternationalTaxlawandpractitionersworkinginthefieldofEuropeancompetitionlaw.
AID UNION FIAT STARBUCKS LAW TAX STATE EUROPEAN
