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

Commission simplifies GBER rules

The European Commission has extended the scope of the General Block Exemption Regulation (GBER), which will allow Member States to implement certain aid measures without prior Commission scrutiny.

The revised rules concern:

  • certain State aid measures that support the green and digital transition and are, at the same time, relevant for the recovery from the economic effects of the coronavirus pandemic; and
  • aid granted by national authorities for projects funded via certain EU centrally managed programmes under the new Multiannual Financial Framework;

Under the new Multiannual Financial Framework, the Commission is streamlining the State aid rules applying to national funding of projects or financial products that fall under;

  • Financing and investment operations supported by the InvestEU Fund;
  • Research, Development and Innovation projects having received a “Seal of Excellence” under Horizon 2020 or Horizon Europe, as well as co-funded research and development projects or Teaming actions under Horizon 2020 or Horizon Europe;
  • European Territorial Cooperation projects, also known as Interreg.

With this amendment of the GBER, these measures can now be directly implemented by Member States without having to be notified to the Commission, which only has to be informed ex-post.