International Excise Taxation Council

The International Excise Taxation Council (IETC) is an organization that focuses on the regulation and management of excise taxes, which are specific taxes levied on certain goods, like alcohol, tobacco, and fuel. Its purpose is to promote international cooperation among countries to harmonize excise tax policies, prevent tax evasion, and ensure fair trade practices. The council facilitates discussions on best practices, standards, and compliance strategies related to excise taxes, ultimately aiming to improve revenue collection and support sustainable economic development across nations.