Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Brussels mulls revision of excise duty rules

    Brussels mulls revision of excise duty rules

    npsBy nps20 April 2017Updated:25 June 2024 No Comments2 Mins Read
    — Filed under: EU News Food & Drink Headline1
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Brussels mulls revision of excise duty rules

    Photo © Vaclav Zilvar – Fotolia

    (BRUSSELS) – The EU Commission launched a consultation Wednesday on how excise duties are applied to alcohol and alcoholic beverages, as it eyes a revision of tax rules to support small drinks producers.

    The aim of the current EU excise duty rules for alcohol is to prevent trade distortions in the Single Market, ensure fair competition between businesses, and reduce administrative burden for businesses.

    Specifically, the rules define product categories, methods to charge the duty and provide for reduced rates and exemptions from excise duty.

    However, these rules have not changed since 1992, the EU executive says, and a recent Commission report recommended clearer tax rules to support small producers of alcoholic beverages and to fight the sale of dangerous counterfeit alcohol.

    There is also a need to reduce costs for smaller businesses, says the Commission.

    In December, EU Finance Ministers requested the Commission carry out the necessary studies to prepare a possible legislative proposal to revise the common rules.

    The aim now is to identify ways to alleviate the administrative burden for both Member States and business, while reducing distortions in the internal market.

    Excise duties are indirect taxes on the sale or use of specific products. They are usually applied as an amount per quantity of the product – e.g. per 1,000 litres in the case of alcohol. Revenues from excise duty go directly to the coffers of EU Member States.

    The consultation will run until 7 July 2017.

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Repair faulty goods - Image by Militiamobiles from Pixabay

    Clean Industrial Dialogue on transition to circularity

    Sponsor: SMEunited2 July 2025
    Climate change - Photo by Pixabay

    A lukewarm 2040 target for a warming planet

    Sponsor: WWF EU2 July 2025
    Wopke Hoekstra- Photo © European Union 2025

    EU presents 2040 climate target of 90pct cut in greenhouse gas emissions

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Sterling remains vulnerable to rate cut speculation – Euro currency news daily

    Danish presidency decorations - Photo © European Union 2025

    New Danish EU presidency aims to deliver on security and competitiveness

    Van driver - Photo by Kampus Production on Pexels

    Risk Management Strategies for Your Delivery Business

    LATEST EU NEWS
    Wopke Hoekstra- Photo © European Union 2025

    EU presents 2040 climate target of 90pct cut in greenhouse gas emissions

    2 July 2025
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Sterling remains vulnerable to rate cut speculation – Euro currency news daily

    2 July 2025
    Danish presidency decorations - Photo © European Union 2025

    New Danish EU presidency aims to deliver on security and competitiveness

    1 July 2025
    Accessibility - Photo by RDNE Stock project on Pexels

    EU accessibility act into force for key digital products

    30 June 2025
    Christophe Hansen - Photo © European Union 2025

    EU agrees new trade deal with Ukraine

    30 June 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Design and developed by : 

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?