Estonians come to Latvia more and more after their professorial drinks – Branches – Financenet

Data collected by the Estonian Beer Association show that beer sales in Latvia increased by 80% in the first half, while sales of cider and alcoholic beverages more than tripled.

"This means that beer produced in Estonia is buying more and more from a neighboring country in Latvia," he concludes.

Hoping to reduce the average consumption of alcohol and bring more money to the cash, the Baltic governments have decided to raise taxes on alcohol. The only problem was that the tax was not coordinated. If Estonia and Latvia increased excise duties, in Latvia

1.6 million liters of alcohol were sold in Latvian shops in the first half, which means that Estonia lost more than 20 million euros in taxes. , according to data from the Estonian Association of Manufacturers and Importers of Alcohol (ATML).

In the first six months of the previous year, this volume was 1.4 million liters, in January-June 2016, 270,000 liters, according to the badociation. The Estonian state budget suffered from uncollected excise duties and value added taxes in the first half of 2016 amounted to three million euros, in the first half of 2017 – 16, 8 million euros, but this year in the first six months – more than 20.1 million euros, announced by the badociation

The head of the company "Estonian Spirit" Sven Ivanov recognized that producers of quality spirits Estonia

"It is extremely difficult for many small manufacturers to introduce new products to the market, which translates into lower sales volumes and lower costs. production, "he said. "The strong sales of alcohol in the first half of this year have fallen twice as much as this time last year. (…) The losses are high."

According to the l & # 39; ATML, in 2018, a total of 3.5 million liters of alcohol will be sold at the border of Latvia, 23% more than last year.

% of Estonians went abroad to buy alcohol. One tenth of an intoxicated drink went to Latvia

In February, a car accident occurred between Estonia and Estonia, from On the other side of the border, whose participants expressed dissatisfaction with Estonian tax policy. At the same time, the Estonian Council of Taxes and Customs concluded that alto tourism would not receive alcohol tax revenue from the Estonian state budget of the order of 30 million euros. Last year, well above the forecasts of the Ministry of Finance. [ad_2]
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