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

The Commission has opened a formal investigation into the French plan to grant tax aid to insurers; and has amended transitional measures for changing the tax system applicable to Belgian coordination centres.

* France

France's plan is to grant tax aid to insurers for managing certain insurance policies. The Commission is concerned whether the measure is compatible with the rules on State Aid. France sees the aid as a social measure which is purely of benefit to the final consumer, involves no discrimination between insurance providers and hence is compatible with the common market.

* Belgium

The Commission had applied transitional measures to Belgian coordination centres in 2003. Those measures have had to be amended following a judgment of the ECJ which partially overturned the Commission decision.