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Excise tax on fruit wine scrapped after criticism

Parliament on Wednesday, February 1, scrapped a rise in the excise tax on fruit wine and mead, which had been valid since January 1, 2012. The move was taken via an indirect amendment to the Act on Public Administration Budgetary Rules proposed by Slovak Democratic and Christian Union (SDKÚ) deputy Ján Golian, the TASR newswire wrote.

Parliament on Wednesday, February 1, scrapped a rise in the excise tax on fruit wine and mead, which had been valid since January 1, 2012. The move was taken via an indirect amendment to the Act on Public Administration Budgetary Rules proposed by Slovak Democratic and Christian Union (SDKÚ) deputy Ján Golian, the TASR newswire wrote.

Producers of fruit wine have criticised the excise-tax hike, which they say has tripled the end price of their products and made them unsellable, bringing some wineries to the point of bankruptcy.

Sources: Sme, TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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