FRENCH RUM
June 1st, 2001
Keith NuthallTHE EUROPEAN Commission has proposed that EU ministers approve an application from France to extend for another seven years the right to reduce the rate of excise duty applied in mainland France to traditional rum from the French overseas departments of Guadeloupe, Martinique, Réunion and Guyane. The existing permission expires at the end of this year and Paris wants it to run until December 2009. According to the proposal, the rate may not be less than 50 per cent of the standard national duty on spirits, (currently Euro1449.79 per hectolitre of ...
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