France: Reduction of excise tax on rum produced in France's outermost regions

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Description

On 16 September 2014, the European Commission approved a tax reduction measure from France valued at EUR 721.1 million (USD 935.5 million). The aid is available to the sales of traditional rum produce...

Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jul 2014

Revocation date

31 Dec 2021

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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