Portuguese Beer Association: Tax increase on beer is unfair
On October 25, the Portuguese Beer Association criticized the government’s proposal for the 2023 national budget (OE2023), pointing out that the 4% increase in the special tax on beer compared to wine is unfair.
Francisco Gírio, secretary general of the Portuguese Beer Association, said in a statement issued on the same day that the increase in this tax is unfair because it increases the tax burden on beer compared to wine, which is subject to IEC/IABA (excise tax/excise tax) Alcoholic beverage tax) is zero. Both compete in the domestic alcohol market, but beer is subject to IEC/IABA and 23% VAT, while wine does not pay IEC/IABA and only pays 13% VAT.
According to the association, Portugal’s microbreweries will pay more than double the tax per hectoliter than Spain’s larger breweries.
In the same note, the association said that this possibility set out in OE2023 would have serious implications for the competitiveness and survival of the beer industry.
The association warned: “If the proposal is approved in the Parliament of the Republic, the beer industry will be greatly harmed compared to its two biggest competitors, wine and Spanish beer, and beer prices in Portugal could rise, Because more costs may be passed on to consumers.”
Mexican craft beer production expected to increase by more than 10%
The Mexican craft beer industry is expected to grow by more than 10% in 2022, according to representatives of the ACERMEX association. In 2022, the country’s craft beer production will increase by 11% to 34,000 kiloliters. The Mexican beer market is currently dominated by Heineken and Anheuser-Busch InBev’s Grupo Modelo group.
Post time: Nov-07-2022