EEA newsletter 8
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UK ANNOUNCES PLANS FOR A CARBON BORDER ADJUSTMENT MECHANISM (CBAM) BY 2027
The UK Chancellor has announced that he intends to implement a new import carbon pricing mechanism by 2027. The proposed levy would affect at least the Iron, Steel, Ceramics, Aluminium and Cement sectors.
NETTING OF EXCISE GOODS IN BELGIUM
Which are the conditions for applying netting of excisable goods in Belgium?
NETTING OF EXCISE GOODS IN THE NETHERLANDS
Which are the conditions for applying netting of excisable goods in The Netherlands?
PROOF OF LOSSES LINKED TO THE NATURE OF THE PRODUCT IN SPANISH LAW & JURISPRUDENCE
In the field of excise duties, product losses under a tax suspension regime are linked to a taxable event in a negative sense, since it would not be possible to release the product for consumption. Therefore, when reference is made to losses, it must necessarily be understood that a specific product, previously entered under a duty suspension arrangement, can no longer be placed into the market.
GREECE INTRODUCES MEASURES TO TACKLE COUNTERFEIT SPIRITS
Greece establishes new legislative framework accompanied by a digital registry and an electronic system that is put into action in order to identify and tackle counterfeit spirits.
B2C SALE OF ALCOHOL TO POLAND
Although an excise duty collection system is ready for B2C online sale of alcohol to Poland from other EU states, Polish health authorities have advised, that such an activity could be illegal.
LOSSES OF ALCOHOL IN DUTY SUSPENSION REGIME WHEN SELLING TO POLAND – WHO SHALL PAY THE EXCISE DUTY?
Sending alcohol under the excise duty suspension procedure between Poland and another EU country or between another EU country and Poland raises doubts as to which entity is liable to pay excise duty for losses of excise goods. However, the Polish tax authorities assume in such a case that the person liable to pay the excise tax under the above title is the sender, and the place of taxation is the recipient's country – which sometimes poses a challenge to foreign companies selling alcohol in the duty suspension regime to Poland.
RECLAIMING UK EXCISE DUTY FOR ALCOHOL
It may be possible to recover UK excise duty on returned goods but the process is not straightforward and is time limited and subject to minimum limits.
ITALIAN MATHS FOR ALCOHOL LOSSES
The new year is often a good time to take inventory and rack your brain over the gap between physical checks and bookkeeping. This inconsistency cannot only be caused by the issues with arithmetic, either you count in English or Italian.
EXCISE REGULATIONS NEWS
NEW EXCISE TARIFFS FOR THE NETHERLANDS PER 01-01-2024
From January 1st, 2024, there will be new excise rates for The Netherlands and also a change for non-alcoholic drinks. Hereby for the beverages.
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UPDATED EXCISE RATES AROUND EUROPE
Find here updated excise rates around Europe