CTPA Annual Report 2014 - page 8

Starting out in 1945 as a members’ organisation that was pre-occupied
with the effects of price controls, price maintenance and purchase tax,
and the Government-of-the-time’s new export bonus scheme, over the
ensuing 70 years CTPA has established a wide-ranging role covering European
and global issues in response to the needs of its members. With debt-laden
economies being the norm in the EU in 2014, it is interesting to see that
luxury (and not so luxury) sales tax proposals are once again being discussed
in some quarters.
In recent years, CTPA has become actively involved in promoting and
protecting the reputation of the cosmetic, toiletry and perfumery industry.
However, regulations ensuring the safety of our products remain a key
focus of our work.
Review of the Year
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