Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Tuesday, October 17, 2017

The Ministry of Finance redistributed the taxes in the alcohol market


The Finance Ministry will retain a zero rate of excise duty on non-alcoholic beer 0.5%. About it reports “Kommersant”, who turned out to be a copy of the draft amendments to “Tax code” sent to Agency for consideration of the government.

It is noteworthy that previously the Finance Ministry called for a tax of 21 rubles per liter, cider, Poiret, Mead, and beer, including nonalcoholic. However, against this decision was made by the Union of brewers of Russia. Entrepreneurs stated that for the last 8 years the tightening of state control in their area has led to the decline of the beer market 35%. In particular, in 2015, sales decreased by 10%, and for the first half of 2016 by 1.2%.

However, the Finance Ministry continues to insist on the introduction of a tax of 21% on cider, Poiret and Mead instead of the current 9 rubles. This bar, according to officials, should last for 3 years, but entrepreneurs believe that in this case the market will take 13-15% of small businesses.

source

Related posts:
Dairy industry fights back against accusations of the use of gypsum
The Central Bank considers impossible a repetition of the 1998 default
How to save money in turbulent times
Russia may suspend air links with Tajikistan

Recommended

More Stories From Economy