El Salvador: New Proposal for Tax on Alcoholic Beverages

The government has sent the Assembly a proposal to reform the liquor duties levied on beers, wines and spirits that were approved in December 2009.

Thursday, August 19, 2010

El Salvador's Treasury Minister, Carlos Cáceres, expects this new proposal to correct errors in the current legislation, which he says is not what was intended.

Laprensagrafica.com reports comments from the minister, "back in December we asked for tariffs corresponding to the alcoholic content of beverages".

The proposed reform plans to increase beer duties by 32% and reduce those on spirits.

More on this topic

El Salvador: Tax Rises on Beer and Liquors

September 2010

The new regulation will set the value added tax at 8% and a specific duty of $0.09 per degree of alcohol for beers.

No new regulations are established for the distribution and sale of beer since the law states that this tax only applies to products with 6% abv or more.

"The reform also set a tax of $0.10 per liter on portable ethyl alcohol, whether produced domestically or imported, according to article 42-D," reports Laprensagrafica.com.

Panama Increases Pensions by Raising Taxes

April 2015

In order to finance the pension increases a new law will increases taxes on gambling and winnings from those games, and on non-metallic mining, and drinks and products derived from tobacco.

From a statement issued by the National Assembly:

The full National Assembly approved on its third reading, Bill 197, which establishes the legal framework to strengthen, preserve and sustain the finances of the Fund for Disability, Old Age and Death of the Social Security Department (CSS), allowing for pension increases.

El Salvador: Beer Sales to Require Permits

September 2010

The bill sent to Congress will mean stores must have a license in order to sell beer.

El Salvador's current law stipulates the need for an operation license only for the sale of beverages containing more than 6% alcohol by volume meaning that beer is excluded.

With the proposed reforms, companies that sell beer will have to obtain the permit, the cost of which is planned to be $210 per year.

The Beverage Sector in El Salvador

May 2016

In 2015 foreign sales of drinks produced in the country have recovered from the fall seen in 2014, standing at $168 million.

An article on Elsalvador.com reports that "...Sodas and carbonated drinks are the main export product in the sector. The latest annual growth was 37.6%, equivalent to an additional $36.8 million, according to the latest industry ranking made by the Salvadoran Association of Industrialists (ASI). "

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