Excise Duties: Alcohol

EU excise duty rules for alcohol aim to prevent trade distortions in the Single Market, ensure fair competition between businesses, and reduce administrative burdens for operators. ______________________ (3).

EU legislation on excise duties for alcohol and alcoholic beverages covers:

a) The rates and structure of excise duties for alcoholic beverages;

b) _______________________________(4).

c) Specific provisions for traditional and locally produced products in certain Member States.

Alcohol and alcoholic beverages are also subject to the common provisions for excisable goods under EU.

Excise Duties: Tobacco

EU excise duty rules for tobacco products aim to prevent trade distortions in the Single Market, ensure fair competition between businesses, and reduce administrative burdens for operators.

________________ (5).

EU legislation on excise duties for manufactured tobacco defines the categories of manufactured tobacco to be taxed (cigarettes and other tobacco products), lays down the principles of taxation and sets the minimum rates to be applied.

Manufactured tobacco is also subject to the common provisions for excisable goods under EU law.

B) Match these sentences (A-E) with the gaps in the article (1-5).

A Increasingly, excise duties are also seen as a means of supporting other policies, such as health policies.

B Energy.

C The rules for alcohol not intended for human consumption.

D EU legislation on excise duties was largely prompted by the launch of the Single Market in 1993.

E Increasingly, excise duties for tobacco are also seen as a means of supporting other policies, particularly health policies.

Exercise 6.

Fill in the following prepositions where necessary.

in (x2) on (x2) of

Excise Duties: Energy

EU excise duty rules cover _______ (1) all energy products used for heating and transport, as well as electricity.

The primary goal of EU energy tax legislation is to ensure that the Single Market runs smoothly and to prevent distortions ___ (2) competition and trade within the EU.

____ (3) addition, energy taxation can play an important role in achieving wider EU goals. In particular, it can help achieve Europe's objective ___ (4) becoming a competitive, low-carbon and energy efficient economy.

Current EU rules ____ (5) Energy Taxation
Proposal to revise the Energy Taxation Directive
Other legislation ____ (6) Energy Taxation
Energy Tax Rates in the EU

Exercise 7. Word formation.

Complete these sentences using the base word given at the end of each sentence. You need to form an appropriate word. The first one (0) is given as an example.

0. Gambling licenses are subject to excise in many countries today. (GAMBLE)

1. In 18th-century England, and for a brief time in British North America, gambling __________ was for a time also subject to taxation, in the form of stamp duty. (IT)

2. Canada has some of the _________ rates of taxes on cigarettes and alcohol in the world. (HIGH)

3. In the United States both the federal and state __________ levy excise taxes on goods such as alcohol, motor fuel, and tobacco products. (GOVERN)

4. Even though federal excise taxes are geographically uniform, state excise taxes __________ considerably. (VARIABLE)

5. In India, almost all _________ products are included for excise duty. (MANUFACTURE)

6. The law in Russia _________ strict licensing rules for oil refineries and alcohol distillers. (REGULATION)

7. In 2010, share of excise taxes in _______ price of a typical cigarette pack in Russia reached 15 - 30 % - still less than its European counterpart. (RETAILER)

8. Tax on mineral resource ________ is paid by oil companies. (EXTRACT)

9. _________ of tax rate for oil (per metric ton) is delegated to the government. (DETERMINE)

Exercise 8.

Match the words (1-4) with their definitions (A-D).

1 excise stamp A a tax on imports (and sometimes, on exports) by

the customs authorities of a country to raise state

revenue, and/or to protect domestic industries

2 customs duty B charge levied by the State on consumption,

expenditure, privilege, or right but not on income

or property