Press Release: State aid: Commission opens in depth investigation into Hungarian intra-group interest taxation

The European Commission has opened a formal investigation procedure under EC Treaty state aid rules into a Hungarian tax scheme, relating to the taxation of interest in the context of intra-group transactions. The Commission doubts at this stage that the scheme would constitute a general measure and wants to investigate further whether it is in line with the state aid rules and whether it could distort competition. The opening of proceedings enables interested parties to submit their comments on the measure and does not prejudge the outcome of the investigation.

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