- French Customs issued Circular No. 25-032 on July 29
- Effective August 1, it modifies duties and taxes on energy products
- Updates rates on energy products with excise duties
- Customs collect royalties for the Professional Committee for Strategic Oil Stocks
- Unapproved warehouse operators must pay royalties when releasing products
- Includes tables with product codes, taxable units, excise duties, and CPSSP royalty amounts
- Provides exemption details for the domestic tax on energy product consumption
- Repeals Administrative Decision No. 25-023 from June 27
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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