Spirits on the up
The increase would average zł.45.5 per liter. Currently the excise tax is set at zł.4,400 for 1 hectoliter of 100 percent alcohol.
Deputy Minister of Finance Wiesław Czyżowicz argues that because of inflation, keeping the excise tax unchanged would result in a decrease of budget earnings from alcohol sales. The current excise tax rate has been in effect since 2003.
Czyżewicz said that the Ministry of Finance and the Warsaw School of Economics both performed careful analyses of the excise tax increase and its potential results. These confirm that the excise tax increase to a level of zł.46.33 per liter of 100 percent alcohol will result in budget earnings of zł.4.8 billion.
The ministry is only planning to raise the excise tax to zł.45.5 per liter in order to ensure constant budget earnings which will be unaffected by inflation.
Deputy Minister of Finance Wiesław Czyżowicz argues that because of inflation, keeping the excise tax unchanged would result in a decrease of budget earnings from alcohol sales. The current excise tax rate has been in effect since 2003.
Czyżewicz said that the Ministry of Finance and the Warsaw School of Economics both performed careful analyses of the excise tax increase and its potential results. These confirm that the excise tax increase to a level of zł.46.33 per liter of 100 percent alcohol will result in budget earnings of zł.4.8 billion.
The ministry is only planning to raise the excise tax to zł.45.5 per liter in order to ensure constant budget earnings which will be unaffected by inflation.
