Finland is concerned about the decline in the price for Estonian alcohol

Finland is concerned about the decline in the price for Estonian alcohol
Julkaistu 04 kesäkuu 2019
Representatives of Finnish alcohol producers are concerned about the change in the excise tax on wine, beer and other alcoholic beverages in Estonia. This can lead to a drop in tax revenues in Finland itself.

In the near future Estonian parliament members plan to approve a bill aimed at combating the mass import of alcohol into the country from Latvia, resulting in decrease of own excise duty by 25%. According to experts, it will lead to a significant increase in imports of alcohol from Estonia to Finland, as a result of which local producers will be in the red. The Finnish trade Association asks the government to take steps to protect the domestic market.

Source: baltic-course.com