Insight - Russia's beer tax hike threatens brewers' profits

By Chris Mercer | 2 October 2009

Russia's Government is pressing ahead with its proposal to triple tax on beer from the start of 2010, according to Carlsberg, in a move that analysts believe could significantly damage brewers' profits.

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Russia's Government is pressing ahead with its proposal to triple tax on beer from the start of 2010, according to Carlsberg, in a move that analysts believe could significantly damage brewers' profits.

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