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Euronews
Euronews
Gerardo Fortuna

Brussels targets tobacco products with a new set of eurotaxes

On Wednesday, the European Commission unveiled two major proposals: a long-awaited revision of the Tobacco Taxation Directive and a brand new measure known as the Tobacco Excise Duty Own Resource (TEDOR).

The revision of the Tobacco Taxation Directive aims to raise minimum excise duty rates—taxes levied on specific goods, such as tobacco, typically at the point of production or import.

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