NORWAY: Union fears cross-border wine trade rise
A union in Norway fears a future rise in cross-border trade with Sweden in wine. The Norwegian wine and brandy importers' union, VBF, said yesterday that trade with Sweden will rise by up to 20%, following the reduction of wine taxes in Sweden.
The Swedish Government plans to reduce wine taxes by 25% to NKK15 (US$2.20) per litre in the future, while the same tax in Norway currently stands at NKK43.3 (US$6.40) per litre. The difference between the two country's wine taxes wil result in cross-border trade and wine smuggling, the VBF fears.
The union believes that the Norwegian Government should look at reduce the wine tax in line with Sweden's.
- Craft spirits shake-out will be just the beginning
- The decline of the flagship beer brand - Comment
- Job cuts not the whole story at AB InBev - Comment
- How Treasury is rewriting the rule book - Comment
- Interview- Veltins export manager Udo Bruns
- Diageo revamps Gordon's gin bottle in UK
- Craft Brew Alliance poised for AB InBev takeover?
- SAB shareholders granted AB InBev vote split
- Pernod deal rescues Corby's FY
- Diageo's Guinness Rye Pale Ale - NPD
- The Next Seven Big Beverage Markets
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Carlsberg AS (CARL B) - Financial and Strategic SWOT Analysis Review
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages