NORWAY: Norwegian Government proposes tax reductions on alcohol
Norway's three-week-old centre-right government has proposed a reduction in taxes on alcohol in its draft budget, presented last week, in an effort to combat the black market. The measures included a 15% reduction of duty on spirits and a 5% tax break on wine and beer. Effectively this means a bottle of liquor bought from the state run wine monopoly will be approximately NOK40 cheaper (US$4.10) and a bottle of wine will be NOK2.00 cheaper.
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