EU has held for almost two decades that "an effective level of taxation which is significantly lower than the general level of taxation in the country concerned" constitutes "harmful tax competition". The most logical way to undo such unfair benefit is to rule the company to return the unfair benefit it gained with interest. I don't see anything but a welcome measure to level the field for competition.
EU has held for almost two decades that "an effective level of taxation which is significantly lower than the general level of taxation in the country concerned" constitutes "harmful tax competition". The most logical way to undo such unfair benefit is to rule the company to return the unfair benefit it gained with interest. I don't see anything but a welcome measure to level the field for competition.