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

EU: State Aid Investigation for Italy

The European Commission has asked Italy under state aid rules for information regarding preferential tax regimes for cooperatives operating in the retail, distribution and banking sectors in Italy.

The Commission's concern relates to the fact that cooperatives may also make profits from dealings with non-members and behave in the market in the same way as profit-making companies. The Commission considers that under these circumstances, a preferential treatment for cooperatives may entail state aid.