UK: US warns against tax stamps
The US drinks trade is to try to persuade UK MPs against tax stamps on spirits bottles. The US Distilled Spirits Council is due to host a delegation of MPs in Washington.
The Council will warn the MPs, headed by the chairman of the Scottish Affairs Select Committee Irene Adams that the proposed move will damage the international drinks trade.
In a recent letter to Economic Secretary to the Treasury John Healey, the Council's head, Peter Cressy, said that the US Government scrapped tax stamps in 1985 after finding them both costly and ineffective, the Times said.
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