Canadian provinces cut EU and UK spirits duty

The Liquor Control Board of Ontario has reduced levies on EU and UK spirits by 42%, while Québec will cut taxes on imported spirits next month. From today (1 April), levies on spirits produced in the European Union (EU) and UK will be reduced in the Canadian provinces of Ontario and Québec. The cut is as a result of an audit carried out following the ratification of the EU-Canada Comprehensive Economic and Trade Agreement (CETA).…

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How Brexit will impact the spirits sector

Despite the relief of the UK leaving the EU with a trade deal, spirits companies have been plunged into more uncertainty, facing problems concerning exporting, labelling and possible cost increases. Since the UK left the European Union (EU) on 31 January 2020, the priority for spirits producers and trade groups has been the establishment of a free‐trade deal before the end of the transition period. Since the UK voted to leave the EU, the spirits…

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Scotch whisky suffers £500,000 loss after US tariffs

US tariffs imposed on single malt Scotch in October 2019 have now cost the industry more than £500,000 (US$685,175) in exports and are inflicting ‘long-term harm’ on the sector, a leading trade body has warned. Since single malts were subjected to the tariffs, exports of Scotch whisky to the US have plummeted by 35%. The tariffs were introduced due to an ongoing dispute between the US and the EU regarding plane manufacturers Airbus and Boeing.…

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BNIA: US tariffs will ‘destroy’ Armagnac industry

The Bureau National Interprofessionnel de l’Armagnac (BNIA) has slammed the introduction of a 25% tariff on Armagnac in the US, arguing the move will ‘destroy’ the industry. The US will impose a 25% tariff on additional European goods, including Cognac and brandy from France and Germany, from 12 January. The tariffs are being added as part of a long-running dispute between the EU and the US regarding plane manufacturers Airbus and Boeing. The BNIA trade…

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WSTA draws up Brexit checklist

The Wine and Spirit Trade Association (WSTA) has created an End of Transition Checklist for all UK-based wine and spirits companies as the 31 December Brexit deadline looms. Available to both WSTA members and non-members, the checklist offers advice to spirits firms as the UK exits the Custom’s Union and single market on 1 January. Topics covered include trade agreements, import certification and labelling requirements. Furthermore, the document provides links to official UK government guidance,…

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