Várhelyi vows tighter tobacco curbs, says taxation is just the start

Várhelyi vows tighter tobacco curbs, says taxation is just the start

The health official argued tax rates should "duly" acknowledge "the health risks these products represent”

The EU’s Never-Ending Quest for More Taxation Powers - Brussels Report

This Summer, the European Commission proposed five new proposed income sources for the EU’s new long term budget (Multiannual Financial Framework (“MFF”), scheduled to run from 2028 until 2034. Reportedly, EU member states are fiercely resisting two of the five. In particular, the proposals for a “Corporate Resource for Europe” (CORE) and “Tobacco Excise Duty Own Resource” (TEDOR) face heavy resistance. CORE, which would generate around €6.8 bil…