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All excise duty transactions in the EU become fully electronic as of 13 February

On 13 February, Member States will start applying new excise duty rules following an update of the Directive on general arrangements for excise dutySearch for available translations of the preceding link. These rules will make the taxation of alcohol, tobacco and energy products fully paperless across the EU. The move to digitalised and immediate information exchange on the movement of such products across the Union will help authorities fight excise duty fraud – a problem which costs Member States millions in budget contributions a year.

Source Taxation-customs.ec.europa.eu

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