Spectator on facebook

Spectator on facebook

FOCUS SHORT

MPs nix excise tax on fruit wines

FRUIT WINES and mead are again exempt from excise tax. Slovak MPs voted to lift the duty in early February, only a month after it became effective. Their amendment reintroduced zero-rate excise tax on still, fermented drinks and mead, the SITA newswire reported.

FRUIT WINES and mead are again exempt from excise tax. Slovak MPs voted to lift the duty in early February, only a month after it became effective. Their amendment reintroduced zero-rate excise tax on still, fermented drinks and mead, the SITA newswire reported.

Slovak fruit-wine producers had criticised the original legislation as discriminatory, anti-liberal and anti-European, and said it would bankrupt them.

“This legislative nonsense will bring not one additional cent into the state budget,” said Štefan Trnka, from the Vinárske Závody Krupina wine factory, as quoted by SITA, in reference to the original legislation. “On the contrary, it will harm the whole production chain from fruit producers via wine producers up to retail sales.”

He stated that the legislation was bankrupting his company and that it had already been forced to close down some units.

The original legislation increased the price of fruit wines, whose average wholesale price used to be about €0.58 per litre, by the excise tax of €1.35 per litre. Producers said that this made fruit wines unsalable and warned that it would mean the gradual winding down of fruit-wine production in Slovakia. They also expressed bewilderment at why conventional grape wine remained exempt from excise tax.

Slovaks normally drink about 25 million litres of fruit wine per year, which accounts for about one-fifth of total production of all still wines.

Topic: Finances and Advisory


Top stories

How the national emblem appeared – including so far secret communism designs

Even Slovaks often do not know why the national emblem depicts a white double-cross, and not the Kriváň peak, or the design by artist Vincent Hložník. They also do not know why it makes a difference whether it is…

Offical Slovak national emblem and colours

Bratislava Zoo will have new wolf breeding station

One of most significant investments of the Bratislava Zoo in the year 2017 will be the building of a new wolf breeding station.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between February 17 and February 26, including a race on old wooden sleighs, an operetta premiere, a lot of jazz, classical and rock music, and more.

Rce in krňačky sleighing, Turecká 2017

Some food really is better in Austria, study finds

EC says its role is to monitor safety, not quality – but Slovaks want the same as Austrians, says minister.

Illustrative stock photo