Reduced rate of excise duty on certain alcoholic products produced in the autonomous regions of Madeira and the Azores
The European Parliament adopted by 672 votes to 7, with 8 abstentions, under a special legislative procedure (consultation), a legislative resolution on the proposal for a Council decision authorising Portugal to apply a reduced rate of excise duty on certain alcoholic products produced in the autonomous regions of Madeira and the Azores.
Parliament approved the Commission's proposal without amendment.
The purpose of the proposal is to adopt a new decision authorising Portugal to apply a reduced rate of excise duty in the autonomous regions of Madeira and the Azores. It allows the Portuguese State:
- to reduce excise duty by up to 75% compared with the standard national rate on locally produced rum, liqueur and brandy sold in Madeira and the Azores;
- to reduce the excise duty by a maximum of 50% compared to the standard national rate on rum, liqueur and brandy produced in Madeira and the Azores but sold in mainland Portugal.