Vietnam had previously signed free trade agreements with the European Union, Australia, and New Zealand in 2018 and 2019, leading to the gradual elimination of tariffs on wine. However, the 60% excise tax could negate the benefits of these agreements. Read More
Alcohol tax
Travelers will be allowed to bring two bottles of wine into Taiwan, doubling the current limit. Hong Kong wine and spirits merchants may stand to be the biggest beneficiaries. Here’s why. Read More
The Delhi High Court has granted bail to Amandeep Singh Dhall, CEO of Brindco Sales Limited, India’s largest wine importer, in connection with a money laundering case tied to an alleged tax policy manipulation scheme. Read More
The Vietnamese government has proposed a significant increase in alcohol taxes, with plans to double the excise tax on wine by 2030, according to a draft regulation. Read More
Dubai has ended its longstanding alchol tax at the start of this year and made its liquor license free for all in an effort to bolster domestic consumption and tourism. Read More