Global Trade Alert
Global Trade Alert

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

Announcement

07 Jul 2022

In July 2022, the European Commission approved a prolongation and a budget increase of the tax advantage scheme to support rum producers in the country's outermost regions of Guadeloupe, Guyane, Martinique and La Réunion.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2022

Revocation date:

31 Dec 2027

Updated: 07 Jul 2022
Tax or social insurance relief In force
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...
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Related State Acts

16 Sep 2014

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

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