France: Budget increase for tax advantage scheme for the traditional rum produced by the country's outermost regions

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Description

On 20 July 2022, the European Commission extended a tax advantage scheme from France with an additional budget of EUR 900 million (USD 919 million). Specifically, the scheme consists of a 50% discount...

Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2022

Revocation date

31 Dec 2027

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

Affected Products

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