Posted on 12/09/2013 1:01:59 AM PST by Olog-hai
European brewers last week (4 December) urged EU negotiators to put a removal of taxes on European brewers, from which their American competitors are exempt, on the table in the free-trade negotiations with the US.
In the EU, small brewers have a reduced excise tax rate. This tax rate also applies to small US brewers importing to the EU, whereas the equivalent small brewer tax relief in the US only applies to domestically-produced beer.
This puts EU brewers exporting to the US at an important disadvantage, Brigid Simmonds, chief executive of the British Beer and Pub Association, said at a conference in Brussels.
(Excerpt) Read more at euractiv.com ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.