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National assembly commission rejects palm oil tax increase

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France’s National Assembly has reportedly rejected a proposed tax on palm oil that appeared to be a go earlier in the week. On November 12, 2012, the French Senate voted 186-155 against the so-called “Nutella tax,” which aimed to impose a 300-percent tax on palm oil, a key ingredient in the beloved hazelnutchocolate spread that is high in saturated fats.

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