![]() |
![]() |
||
![]() |
![]() |
Back |
![]() |
SWISS TAX ON SCOTCH HALVED | |
The tax on Scotch Whisky in Switzerland will fall by more than SF8 (£3.40) a bottle today, following a tax cut of 50%. The cut is part of a package of reforms being introduced to Switzerlands alcohol tax structure. All spirits will now be taxed at the same rate according to alcohol content.The reforms, which include a small tax rise for some local spirits, see the tax on Scotch Whisky cut from SF58 a litre of pure alcohol to SF29 per lpa. The Director General of The Scotch Whisky Association, Hugh Morison said: The removal of tax discrimination against Scotch Whisky in Switzerland has been a longstanding objective of the Scotch Whisky industry. We are delighted that Switzerland has, today, both met its international trade obligations and given a boost to the Scotch Whisky industry by equalising the duty on all spirits. Exports of Scotch Whisky to Switzerland in 1998 rose 7 per cent to £9.5 million. - END - Issued by Campbell Evans 0131 222 9200 or 0171 629 4384 mobile 0468 002262 |
||
![]() |
|||
![]() |
Back |