Russian brewers support the introduction of a minimum retail price for beer

Other Beer

Published Dec 14, 2023

Tridge summary

Russian brewers are calling for a minimum retail price for beer to prevent its sale without excise tax, and to create fair competition in the market. They also want a differentiated approach to excise tax rates based on production technology and raw materials used, as well as addressing tax risks related to the production and sale of beer. The Federal Tax Service of Russia has warned that brewing companies that evade excise taxes and VAT will be asked to submit updated tax returns and pay the appropriate amounts of taxes voluntarily.

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Original content

Russian brewers have called for the introduction of a minimum retail price for beer in order to “whitewash” the industry and exclude the possibility of selling the drink without excise tax. A corresponding proposal was put forward at a meeting of the Federal Tax Service (FTS) of Russia with representatives of the brewing industry, the Union of Russian Manufacturers of Beer and Soft Drinks and the Federal Security Service. “In turn, industry representatives expressed their proposals to whitewash the industry and create equal competitive conditions in the market. For example, it is proposed, by analogy with vodka, to introduce a minimum retail price for beer, which will exclude the possibility of its sale at prices that do not include excise tax,” - says the publication on the Federal Tax Service website. In addition, at the meeting the problem of the need for a differentiated approach (by analogy with natural wines) to excise tax rates on beer and beer drinks, depending on the ...

Source: Kvedomosti