somes

Reduced excise duties for Madeira and Azores spirits

Summary

The proposal allows Portugal to reduce excise taxes on certain alcoholic products produced in Madeira and the Azores to support local economies.
9 01.12.2020
Other
trade
economy
finance
taxation
administrative law

Key points

  • The proposal aims to support the economic development of the outermost regions, specifically Madeira and the Azores.
  • Excise duties on locally produced spirits can be reduced by up to 75% for sales within these autonomous regions.
  • A new rule allows for a reduction of up to 50% on these products when they are sold in mainland Portugal.
  • The tax relief is limited to specific products like rum, liqueur, and eau-de-vie with protected origins or local ingredients.
Documents (PDFs)
REPORT on the proposal for a Council decision authorising Portugal to apply a reduced rate of excise duty on certain alcoholic products produced in the autonomous regions of Madeira and the Azores Reduced rate of excise duty on certain alcoholic products produced in the autonomous regions of Madeira and the Azores *
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.