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Image header Agence Europe
Europe Daily Bulletin No. 11929
Contents Publication in full By article 18 / 29
ECONOMY - FINANCE - BUSINESS / State aid

Green light to Irish aid scheme to small and medium-sized enterprises

On Tuesday 19 December, the European Commission approved an Irish scheme to reduce tax on staff share options under EU state aid rules.

The measure will take the form of a tax exemption on the income and social insurance contributions of employees of small and medium-sized enterprises (SMEs) when they exercise their share options.

This regime aims to support these businesses, which do not always have the financial resources to be able to offer attractive pay to qualified staff, which could...

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