TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

State aid Temporary Framework extended

The European Commission has extended the scope of the State aid Temporary Framework adopted on 19 March 2020 to support EU member economies in response to COVID-19. The extension is for six months, until 30 June 2021.

The Temporary Framework was set to expire on 31 December 2020. According to the Commission, the extension aims to enable Member States to support businesses in the context of the COVID-19 crisis, especially where the need or ability to use the Temporary Framework has not fully materialised so far, while protecting the level playing field. Before 30 June 2021, the Commission will review and examine the need to further prolong or adapt the Temporary Framework.