The European Union is within reach of unanimous support for a revised minimum tobacco tax that would establish a unified revenue baseline across the bloc, Ireland finance minister Simon Harris said on Monday morning. Twenty-six member states currently back the fiscal proposal. The measure requires the consent of all 27 member states to take effect.
EU Nears Full Member Backing for Tobacco Tax
The European Union is close to securing unanimous support from its member states for a minimum taxation scheme on tobacco products. Irish finance minister Simon Harris noted that 26 of 27 nations currently back the measure, with only Malta withholding support.
