The bill specifies a schedule for annual increases in excise tax rates from July 1, 2024 to December 31, 2027.
The Cabinet of Ministers approved a bill to amend the tax code of Ukraine to bring the country’s legislation closer to EU legislation in terms of excise tax rates. This was announced on Friday, May 10, by the representative of the Cabinet of Ministers in the Verkhovna Rada Taras Melnichuk.
The approved document proposes to designate by the term “intermediate products” wines and other fermented beverages (including mixed fermented beverages and mixtures based on fermented beverages), the actual strength of which is higher than 1.2% by volume of units of ethyl alcohol, but not higher than 22%.
There is also an increase in the excise tax rate by 3.81 UAH – from 8.42 to 12.23 UAH per 1 liter for intermediate products (at the level of the current rate for sparkling and carbonated wine, fermented drinks, flavored sparkling wine ).
The bill sets a schedule for annual increases in such rates from July 1, 2024 to December 31, 2027, taking into account the general difference between the rates planned for January 1, 2028, as provided of the current law.
We remind you that in December 2023, Lvov city authorities increased the hours for the sale of alcohol. If before the ban on the sale of alcoholic beverages was valid from 21:00 to 12:00, now the “dry” time starts at 22:00.
Source: korrespondent
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