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EBA calls on Ukraine to avoid raising excise tax rates on alcohol
Journal Staff Report

KYIV, Oct 13 - The European Business Association (EBA) and Ukrvodka association in order to avoid negative consequences for the market urge to refrain from raising excise tax rates on alcoholic drinks by 11.6% as proposed in bill No. 4101 and alternatives to it, registered in the Verkhovna Rada in September.

According to the EBA press release, the increase in excise tax rates in recent years has led to a decrease in the sale of legal products and does not contribute to an increase in state budget revenues, as noted in the explanatory note to draft law No. 4101.




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