Senate passes beer and palm oil hikes

feature-image

Play all audios:

Loading...

A PLANNED HIKE IN BEER TAX WAS SLIGHTLY REDUCED BUT PROPOSALS FOR 300% ‘NUTELLA’ TAX WERE GIVEN THE GREEN LIGHT BEER and Nutella could both be hit by more tax after two amendments were


passed during a budget debate yesterday. However tax on beer will not rise as much as originally planned. A government plan to raise tax on beer from €2.75 per hectolitre to €7.20 was voted


down to €6.50. This translates into a five centimes rise in the cost of a 25cl glass of beer. The vote took place in the Senate, which also passed a 300% increase in the tax on palm oil,


dubbed “The Nutella tax”. Once instigated, the tax on palm oil will rise from €98.74 per tonne to €300. France consumes 126,000 tonne of palm oil a year and the new tax is estimated to raise


€40 million for the social security budget. Both amendments could still be thrown out before the bill finishes its journey through parliament. A. Kniesel / Wikimedia Commons