MPPC

(redirected from Most Popular Price Category)
AcronymDefinition
MPPCMulti-Pixel Photon Counter
MPPCMicrosoft Point to Point Compression
MPPCMicrosoft Point-to-Point Compression
MPPCMenlo Park Presbyterian Church (Menlo Park, CA)
MPPCMotion Picture Patents Company
MPPCMost Popular Price Category (tobacco taxation)
MPPCMailer's Postmark Permit Club
MPPCMotion Picture Prop Company (web magazine)
MPPCMaine Pork Producers Association
MPPCMain Path Power Control
MPPCMotion Picture Production Code of 1930 (aka Hays Code)
References in periodicals archive ?
Currently, excise duties levied on cigarettes must account for at least 57% of price, and must be at least 64 per 1,000 cigarettes, for products falling under the most popular price category' in that country.aAs the market has developed - there are several popular brands and frequent price changes - the Commission proposes replacing the most popular price category with a weighted average price of all cigarettes for determining the tax base.
The Commission also proposes abolishing the existing rule which forbids member states from levying a minimum excise tax higher than 100% of the total excise on the most popular price category. Furthermore, the Commission proposes to widen the band of the specific component of the excise duty from 5%-55% to 10%-75%.
Furthermore, Spain and Greece will have an additional transitional period which will enable them to only start applying the minimum rate of Euro 64 starting on January 1, 2008.Furthermore, the Directive maintains the present requirement that total excise on cigarettes (specific and ad valorem excise duties combined) amount to at least 57% of the retail price (inclusive of all taxes) for the most popular price category. Six Member States will not be required to guarantee this rule: the Member States whose excise burden reached Euro 95 per 1,000 cigarettes on January 1, 2002 and will amount to Euro 101 on January 1, 2006.
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