Luxembourg ordered to give EU details of tax breaks amid probe

Competition watchdogs ordered Luxembourg to hand over details of tax breaks for businesses after they said the Grand Duchy was hindering a state-aid probe spanning several EU nations.

Luxembourg refused to deliver details concerning the 100 largest companies benefiting from a special programme for companies whose profits stem from intellectual-property rights, said the European Commission. The nation also failed to provide a specific overview of its tax deals with certain firms in 2011 and 2012.

“The commission has now adopted two information injunctions ordering Luxembourg to deliver the requested information within one month,” the EU regulator said.