Tax decreaseEndedCustoms and tradeNational

Quota of overseas departments' rum at the reduced excise rate raised to 108,000 hectolitres of pure alcohol

Article 65 of the 2007 Amending Finance Act raises from 90,000 to 108,000 hectolitres of pure alcohol the annual quota of traditional rum from the overseas departments that benefits from a reduced consumption duty in mainland France (Articles 362 and 403 of the General Tax Code). It applies retroactively from 1 January 2007. The increase follows a decision of the Council of the European Union of 9 October 2007. The quota was later raised to 120,000 hectolitres of pure alcohol.

Measure originators

InitiatorLR
Philippe Marini
Les Républicains
🇪🇺

European origin

EU
Directive/Regulation
Impact on public finances

No official estimate found for this measure.

Effective date
1 January 2007

Measure impact

Producers of traditional rum in the overseas departments can sell an extra 18,000 hectolitres of pure alcohol a year in mainland France at the reduced excise rate.

Official references

Law number: Loi n° 2007-1824 du 25 décembre 2007 (LFR 2007), art. 65
Official Journal: JORF du 28 décembre 2007

Procedure timeline

Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.

100%
2 / 2 steps
Completed
25 December 2007

President of the Republic signature

Promulgation

Publication au Journal officiel

Promulgation de la loi n° 2007-1824 du 25 décembre 2007 de finances rectificative pour 2007, publiée au Journal officiel du 28 décembre 2007.
Completed
1 January 2007

Administrative implementation

Application

Entrée en vigueur de la mesure et mise en œuvre par l'administration

Entrée en application de la mesure (art. 65).