EU: Updated State aid guiding templates
Templates to assist Member States in designing measures that will be included in their national recovery and resilience plans
Templates to assist Member States in designing measures
The European Commission (EC) today published updated State aid guiding templates to assist Member States in designing measures that will be included in their national recovery and resilience plans in line with EU State aid rules.
As explained in the related EC release:
- The updated technical documents will help Member States design measures that further contribute to the implementation of the European Green Deal, while helping to end the dependence on Russian fossil fuels and fast forward the green transition as set out in the REPowerEU Plan.
- All investments and reforms entailing State aid included in the national recovery plans must be notified to the EC for prior approval, unless covered by one of the State aid block-exemption rules.
- The EC assesses measures entailing State aid contained in the national recovery plans to confirm that the applicable State aid rules are complied with and thereby preserve the level playing field in the single market.
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.