Ad

EU ministers fail to agree alcohol tax hike

European Commission plans to raise the minimum tax rate on alcohol on Tuesday (7 November) fell foul of EU finance ministers who could not agree to the proposals.

"We had a lively debate on the importance of beer, beer was one of the problems today," Finnish finance minister Eero Heinaluoma said after the meeting.

The commission had proposed a 31 percent increase in the minimum tax on alcohol to reflect the rate of inflation since the last time the levy was set 14 years ago.

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login

Tags

Ad
Ad
Ad