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Finance Ministry plans to increase excise tax on spirits

THE COST of hard alcoholic drinks will be higher from the beginning of next year. The Finance Ministry wants to increase the excise tax on spirits, the daily SME wrote.

The ministry says it needs to harmonize Slovak with EU legislation. Another reason is the need to get funds for the state budget.

The increase of excise taxes on spirits will be implemented through an Act on excise taxes and tobacco. The legislation change will mean that the cost of a half-litre bottle of spirits will go up by Sk8 (20 cents).

Compiled by Marta Ďurianová from press reports
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