Food Industry News

Excise duty on beer in Estonia will increase to 65%

The new ruling coalition will raise the rate of excise duty on beer from July 2017 year 65% to 13,7 cents per liter, but in 2020, the excise duty will increase by 166% percent compared with the level of 2016 years, that is, more than doubled to 22,09 cents at the same time, with the duty on spirits it does not equalize, reports LETA / BNS.

"Increasing excise rates take into account the fact that cross-border trade between Finland and Estonia will be reduced to a certain extent, and between Latvia and Estonia will increase to a certain extent," - poyasnilapress-Secretary of the Ministry of Finance Maria Murakas.

As is now the excise tax on beer is 8,30 cent growth rate of this tax will be quite sharp. Already in February, the tax rate will increase to 9,13 cents per liter, it is planned to further past the government, but in July 2017 years, in accordance with the new coalition's plans, the rate will increase to 13,7 cents per liter.

See also ... 22/09/2016 A. Le Coq beer is gaining a foothold in the Finnish market 12/03/2014 Pohjala microbrewery enters the Estonian market 17/11/2016 The beer market in Estonia has fallen by 10% in 6 months 29/05/2012 Estonian brewer Saku offered beer with low alcohol content27 / 02/2015 Carlsberg in 2014 retained its share in the Ukrainian market 15/07/2015 Forecast: the beer market in Belarus will fall by 5-7% 17/06/2016 Beer production in Latvia continues to fall28/07/2016 SABMiller has suspended integration with AB InBev02 / 06/2016 The US Department of Justice will approve a “beer” purchase of AB InBev 26/06/2014 The ban on PET packaging in Russia will hit Belarus25 / 11/2015 Belarus smiling: beer market growth is not expected in 2016 02/08/2016 AB InBev will close a deal with SABMiller in October 11/02/2016 Heineken increased dividends, expecting revenue growth 18/05/2016 In Latvia beer production decreased 16/03/2016 In Latvia it is declining beer production

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