The Cyprus Presidency of the Council of the EU has proposed that the Union rate used to determine the minimum excise duty for each product category be updated every three years, based on changes in the harmonised index of consumer prices in the Union, as published by Eurostat, in its latest compromise proposal, dated Wednesday 18 February (see EUROPE B13791A18).
This compromise proposal, seen by Agence Europe, will be discussed at the meeting of the EU Council Working Party on Tax Questions...