EC Unhappy With Low Tax On Pálinka In Hungary
- 2 Mar 2015 8:00 AM
The European Commission has again launched an infringement procedure regarding Hungary’s excise tax regulation on home-made pálinka. Hungary has not properly complied with the Commission’s ruling of last spring, tax and customs spokeswoman Vanessa Mock told state news agency MTI.
Insisting that excise tax must be paid on distilled products, the Commission ruled against Hungary’s tax exemption for up to 50 litres of home-distilled pálinka.
The new Hungarian regulation in effect from January 1 introduces a flat annual tax of only Ft 1,000 for small producers.
The Commission awaits further measures from Hungary, Mock added.
Source: Hungary Around the Clock
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