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Europe Daily Bulletin No. 12292

10 July 2019
Contents Publication in full By article 11 / 36
ECONOMY - FINANCE - BUSINESS / Taxation
Commission considering extension after 2020 of tax derogation for rum from French outermost regions
Brussels, 09/07/2019 (Agence Europe)

On Monday 8 July, the European Commission launched its evaluation process to decide whether or not to allow France to continue to apply a reduced rate of certain indirect taxes to rum known as “traditional” which is produced in Guadeloupe, French Guiana, Martinique and Réunion after 2020.

In France, rum produced in certain French Outermost Regions (ORs) has benefited from aid since 1923 in the form of reduced rates of excise duty in order to offset the increase in the cost of producing...

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