On Wednesday 16 July, the European Commission presented a revision of the directives on excise duties and the general arrangements applicable to tobacco and tobacco products. Presented at the same time as the post-2027 Multiannual Financial Framework (MFF), these new tax revenues would contribute to the EU budget’s new own resources (see EUROPE B13682A1).
In December, sixteen Member States requested this revision from the European Commission, since the last update dates back to 2011 (see...