The Finance department is looking to slap higher excise taxes on alcohol products beginning 2020.
Current tax bureau regulations call for a 4.0-percent annual increase in alcohol excise taxes beginning January 2018 while distilled spirits are also levied an additional ad valorem tax of 20 percent based on net retail price (NRP) per proof, excluding excise and value-added taxes.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.