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Excise Tax Structure Changes on Alcoholic Beverages

Excise tax structure will be revised in compliance with requirements of Georgia-EU association agreement, Minister of Finance Dimitri Kumsishvili said.

“We have comprehensively discussed this issue. Taxation of beer and alcoholic beverages is very important. In this way we will harmonize our legislation with EU standards and consequently, we will foster further development of our production”, Dimitri Kumsishvili noted.

Excise taxes will be imposed on alcoholic beverages due to alcohol content – percentage of alcohol for beers and pure alcohol ratio in drinks with ethyl spirits, he said.