IRELAND TAX STAMP

BY KEITH NUTHALLTHE IRISH government is being formally threatened with legal action at the European Court of Justice over its refusal to scrap an excise stamp system, where tobacco traders pay duty on their products by 'buying' stamps from tax authorities. These have to appear on packs sold in shops in Ireland and the European Commission says this is an illegal restriction on the European Union (EU) tobacco trade, hampering the ability of suppliers to offer retailers the best deal. Under the EU excise duty directive 92/12/EEC, tobacco traders are allowed to move ...


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