For relief under Part 16 TCA 1997 (Relief for Investment in Corporate Trades) to be available for shares issued after 15 October 2015, the relief must comply with the EU State Aid General Block Exemption Regulation (GBER). In June 2023 the GBER was amended, and the amendments were to be reflected in domestic legislation within six months. This article provides an overview of changes introduced by Finance (No. 2) Act 2023 to conform with the GBER amendments.
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