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EU countries should be largely free to agree tax deals, legal opinion for bloc's top court says

By Natalie McNelis ( May 4, 2023, 12:22 GMT | Insight) -- French electricity giant Engie and Luxembourg should prevail in their fight to overturn court judgments that tax rulings constituted illegal state aid, according to a legal opinion for the EU Court of Justice that says national law is the only frame of reference and EU countries’ individual tax assessments should be subjected to a restricted standard of review. If followed by judges, it would deal another significant blow to the European Commission's ambition to stamp out what it sees as sweetheart tax deals that advantage multinational companies.French electricity giant Engie and the state of Luxembourg should prevail in their fight to overturn court judgments that tax rulings constituted illegal state aid, according to a legal opinion prepared by an advocate general for the EU Court of Justice....

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