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Monday, July 23, 2007

Press Release - The European Parliament may endorse tax distortion

Brussels, 6 July 2007

– The Brewers of Europe today called on the European Parliament to reject a proposal to increase Europe’s minimum rates of excise duty on beer. On 10th July, the European Parliament (meeting in a plenary session in Strasbourg) will consider a proposal to increase the European minimum rates of excise duty on beer by 4.5%, This increase would worsen the current tax discrimination between beer and other fermented beverages, particularly wine, which will continue to enjoy a zero minimum rate. Europe’s brewers say this proposal is pointless, unprincipled and unlawful and that it cannot be properly approved by the Parliament or adopted by the Council.
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