THAILAND: Spirits hit by tax rise – report
Excise taxes on distilled liquor with high alcohol content are set to rise in Thailand, according to local reports. The Nation said today (7 September) that the Thai cabinet has approved the rise, while maintaining the current tax levels for other alcohol such as beer and wines.
Citing government deputy spokesman Chalermchai Mahagitsiri, the report added that the higher taxes will take immediate effect. The change is aimed at reducing alcohol consumption and raising tax income, Chalermchai told the paper.
Special blends, brandy, whisky and other types of distilled liquors will see their tax rate of 30% to 50% of market price - or THB240 per litre, whichever is higher - rise to 40% to 50% or THB400 per litre.
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