TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Cheaper Beer in Madeira?

Though Madeira is long associated with wine, the Portuguese Government has now successfully persuaded the EU Commission that to compete, excise duties on Madeira brewed beer should be reduced.

While the volumes involved are not high, the arguments and the rationale behind the decision are of interest in discussions on the application of Freedom of Establishment and State Aid rules. The full document is at http://ec.europa.eu/taxation_customs/resources/documents/taxation/excise_duties/alcoholic_beverages/COM(2007)772_en.pdf.