Officials grilled by EU competition watchdog over business tax scheme

News of heightened European concerns over the scheme will raise fears among investors, promoters and companies who use the Employment Investment and Incentive Scheme

EU competition commissioner Margrethe Vestager

Senior Irish officials were grilled by the European competition watchdog last week over a key tax break scheme for Irish businesses, The Sunday Business Post can reveal.

News of heightened European concerns over the scheme will raise fears among investors, promoters and companies who use the Employment Investment and Incentive Scheme (EIIS) to raise tens of millions of euro for Irish businesses every year.

European officials are understood to be concerned that some ...