Increased tax quotas for traditional rum in French territories

Summary

The proposal seeks to increase the annual quota of 'traditional' rum eligible for reduced indirect taxes in France's outermost regions. This adjustment aims to support the competitiveness of local producers who have exceeded previous production limits.
10 21.11.2017
Other
economy
taxation
european union
public administration
agriculture, forestry and fisheries

Key points

  • The proposal aims to adjust the tax treatment for traditional rum produced in specific French outermost regions.
  • The annual quota for rum eligible for reduced indirect taxes is proposed to increase from 120,000 to 144,000 hectolitres of pure alcohol.
  • The adjustment is necessary because production in these regions has grown and exceeded previous limits.
  • This measure seeks to protect local producers from economic harm caused by sudden tax increases on excess production.
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