Belarus may raise excise tax rates for strong alcohol, fruit-n-berry wines 4.8% in 2020
<p> MINSK, Aug 7 – PrimePress. The rates of the excise tax on strong alcoholic drinks (with alcohol content of 7% and over), fruit wine and soft drinks may be raised in 2021, in accordance with the bill on amendments to the Tax Code of Belarus. </p> <p> </p> <p> The excise tax on strong alcoholic drinks (with alcohol content of 7% and over) will stand at Br15.6 ($6.4) per litre of pure alcohol. </p> <p> </p> <p> The excise tax on fortified fruit wine of improved quality shall stand at Br12.61 ($5.17) per litre of pure alcohol. </p> <p> </p> <p> The excise tax on natural low-alcohol beverages will stand at Br12.94 ($5.31) per litre of pure alcohol in finished products; other low-alcohol beverages with alcohol content varying from 1.2% to 7% - at Br22.66 ($9.3) per litre of pure alcohol in finished products. </p> <p> </p> <p> The excise tax on natural wines (including sparkling wine, Champaign, cider) may be raised by 4.2% in 2020 from the level of 2020 to Br0.99 ($0.4) per litre; fruit wines by 6.2% to Br0.17 ($0.7) per litre. </p> <p> </p> <p> Excise tax rates for ciders (except for fruit-n-berry ciders) will grow by 5.9% in 2021 to Br0.54 ($0.22) per litre of finished product. </p> <p> </p> <p> Excise tax rates for beer with alcohol content between 0.5% and 7% - at Br0.37 ($0.15), beer with alcohol content exceeding 7% - at Br0.78 ($0.32) per litre. There is no excise tax on beer with alcohol content equal or lower than 0.5%. </p> <p> </p> <p> The new Tax Code sets alcohol excise tax rates once for the entire year, without setting different values for the first and the second half of the year. End (Br2.4368/$1) </p>
2020-08-08
Primepress
MINSK, Aug 7 – PrimePress. The rates of the excise tax on strong alcoholic drinks (with alcohol content of 7% and over), fruit wine and soft drinks may be raised in 2021, in accordance with the bill on amendments to the Tax Code of Belarus.
The excise tax on strong alcoholic drinks (with alcohol content of 7% and over) will stand at Br15.6 ($6.4) per litre of pure alcohol.
The excise tax on fortified fruit wine of improved quality shall stand at Br12.61 ($5.17) per litre of pure alcohol.
The excise tax on natural low-alcohol beverages will stand at Br12.94 ($5.31) per litre of pure alcohol in finished products; other low-alcohol beverages with alcohol content varying from 1.2% to 7% - at Br22.66 ($9.3) per litre of pure alcohol in finished products.
The excise tax on natural wines (including sparkling wine, Champaign, cider) may be raised by 4.2% in 2020 from the level of 2020 to Br0.99 ($0.4) per litre; fruit wines by 6.2% to Br0.17 ($0.7) per litre.
Excise tax rates for ciders (except for fruit-n-berry ciders) will grow by 5.9% in 2021 to Br0.54 ($0.22) per litre of finished product.
Excise tax rates for beer with alcohol content between 0.5% and 7% - at Br0.37 ($0.15), beer with alcohol content exceeding 7% - at Br0.78 ($0.32) per litre. There is no excise tax on beer with alcohol content equal or lower than 0.5%.
The new Tax Code sets alcohol excise tax rates once for the entire year, without setting different values for the first and the second half of the year. End (Br2.4368/$1)