The Single Market will be strengthened with a set of new rules 2017. Several existing legislations will undergo revision across different fields. Major changes are expected in customs and taxation.
More concretely, the European Commission will revise the structure of excise duties applied to alcohol. Also, it is expected that the new structure will extend to tobacco products, including e-cigarettes that will become more expensive thus.
Moreover, the envisaged Common Consolidated Corporate Tax Base and measures implementing the VAT Action Plan can bring legal insecurity in Member States. Business would have to adapt their commercial strategy based on the new tax regime. New binding rules for the large multinationals will mean limiting freedom to conduct business and shrink profit opportunities.