Alcohol, Analytics, Financial Services, Latvia, Taxation
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 23:00
17.3% more collected from excise duty for alcohol in Latvia in 2017
BC, Riga , 26.02.2018.Print version
17.3 % more was collected from excise duty for alcohol (except beer) in 2017, according to information from the State Revenue Service writes LETA.
In total, EUR 161.2 mln worth of excise duty from alcohol
was collected last year, which was EUR 23.7 m mln more than the previous year.
The SRS explains that this was mostly due to the increase in
the excise duty for alcohol last year.
Meanwhile, EUR 36.8 mln worth of excise duty from beer sales
was collected last year, which was EUR 4.8 mln or 14.9% more than the previous
year. This was also mostly due to an increase in the excise duty for beer last
year.