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Finnish Government To Increase Tax On Alcohol

by Ulrika Lomas, Tax-News.com, Brussels

20 November 2008

The Finnish government has announced that it will enforce a 10% increase in tax on alcoholic beverages, in a move which will bolster government coffers by EUR65m annually.

The tax on all alcoholic beverages will be raised by 10% at the beginning of 2009 and will mean that retail prices for alcoholic beverages will go up by an average of 4.5%.

This change in taxation means that the price of a bottle of beer will go up by an average of EUR0.04, a bottle of wine by an average of EUR0.22 and a bottle of vodka by an average of EUR0.75.

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