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Friday, October 21, 2016

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.


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