Belarus may raise excise duties on hard liquor and fruit wines by 7.2% in 2022 - draft
<p> MINSK, Sep 29 - PrimePress. Belarus may raise excise duties on spirits, fruit wine and low-alcoholic beverages by 7.2% year on year in 2022. This is provided by the draft law “On Amendments to the Tax Code of the Republic of Belarus”. The document has been published on the website of the Belarusian Ministry of Finance. </p> <p> </p> <p> The draft says that Belarus may raise the excise duty rate on hard liquor with ethyl alcohol content of 7% and over to Br16.83 ($6.73 at the rate of the National Bank of Belarus) per litre of ethyl alcohol in finished product. The excise rate on fruit fortified vintage wines of improved quality produced by special technology may be set at Br13.61 ($5.44) per litre of ethyl alcohol in finished product. </p> <p> </p> <p> The excise duty on natural low-alcohol beverages may be raised to Br13.97 ($5.59) per litre of ethyl alcohol in finished product; other low-alcohol beverages and wines with the ethyl alcohol content of 1.2% to 7% – by 5.5% to Br24.45 ($9.76) per litre of ethyl alcohol in finished product. </p> <p> </p> <p> It is suggested that the excise duty on natural wines, including sparkling, effervescent and carbonated wines should rise to Br1.07 ($0.43) per litre of finished product. </p> <p> </p> <p> The excise rate on fruit and berry natural wines with the ethyl alcohol fraction below 13% and fruit and berry ciders may be raised by 5.9% to Br0.18 ($0.07) per litre of finished product; fruit and berry wines with the ethyl alcohol fraction of 13% and over – by 7% to Br1.22 ($0.49) per litre of finished product. </p> <p> </p> <p> The excise duty on ciders (except for fruit and berry ciders) may be raised by 7.4% up to Br0.58 ($0.23) per litre of finished product. </p> <p> </p> <p> The excise duty on beer with ethyl alcohol content over 0.5% to 7% and beer cocktail may grow by 2.7% to Br0.38 ($0.15) per litre of finished product; beer with the ethyl alcohol content of 7% and over – up 2.6% to Br0.8 ($0.32) per litre of the finished product. The excise duty is not set for beer with the ethyl alcohol content of 0.5% or below. </p> <p> </p> <p> Excise taxes on alcoholic beverages are set for the whole 2021 without breakdown by half-year. End (Br2.5/$1) </p>
2021-09-30
Primepress
Belarus may raise excise duties on hard liquor and fruit wines by 7.2% in 2022 - draft
MINSK, Sep 29 - PrimePress. Belarus may raise excise duties on spirits, fruit wine and low-alcoholic beverages by 7.2% year on year in 2022. This is provided by the draft law “On Amendments to the Tax Code of the Republic of Belarus”. The document has been published on the website of the Belarusian Ministry of Finance.
The draft says that Belarus may raise the excise duty rate on hard liquor with ethyl alcohol content of 7% and over to Br16.83 ($6.73 at the rate of the National Bank of Belarus) per litre of ethyl alcohol in finished product. The excise rate on fruit fortified vintage wines of improved quality produced by special technology may be set at Br13.61 ($5.44) per litre of ethyl alcohol in finished product.
The excise duty on natural low-alcohol beverages may be raised to Br13.97 ($5.59) per litre of ethyl alcohol in finished product; other low-alcohol beverages and wines with the ethyl alcohol content of 1.2% to 7% – by 5.5% to Br24.45 ($9.76) per litre of ethyl alcohol in finished product.
It is suggested that the excise duty on natural wines, including sparkling, effervescent and carbonated wines should rise to Br1.07 ($0.43) per litre of finished product.
The excise rate on fruit and berry natural wines with the ethyl alcohol fraction below 13% and fruit and berry ciders may be raised by 5.9% to Br0.18 ($0.07) per litre of finished product; fruit and berry wines with the ethyl alcohol fraction of 13% and over – by 7% to Br1.22 ($0.49) per litre of finished product.
The excise duty on ciders (except for fruit and berry ciders) may be raised by 7.4% up to Br0.58 ($0.23) per litre of finished product.
The excise duty on beer with ethyl alcohol content over 0.5% to 7% and beer cocktail may grow by 2.7% to Br0.38 ($0.15) per litre of finished product; beer with the ethyl alcohol content of 7% and over – up 2.6% to Br0.8 ($0.32) per litre of the finished product. The excise duty is not set for beer with the ethyl alcohol content of 0.5% or below.
Excise taxes on alcoholic beverages are set for the whole 2021 without breakdown by half-year. End (Br2.5/$1)