Shares & Derivatives
Thai alcohol excise tax update with details
By Clueless Punter  •  September 4, 2013
Further updates to my previous article about the new alcohol excise tax increase in Thailand.

Effective on midnight last night, the new effective tax rates on beer, wine and liquor have been approved by Cabinet. Alcohol tax will be in two parts; product value tax and alcohol content tax.



For drinkers and related shareholders
A. Beer: price will increase by about 3-7 baht per bottle and 2-3 baht per can, maximum tax remains at 60% of product value, effective tax rate per litre of pure alcohol rose to 300 baht from 100 baht before.

B. Wine: Product value below 600 baht exempt from product value-based tax. Product value above 600 baht taxed at 36% of retail value. All wine taxed at 1000 baht per litre of pure alcohol, up from 100 baht.

C. Liquor: price will increase by about 7-15% depending on type and alcohol content, more details to be ......
Read the full article
By Clueless Punter
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance