El Salvador: Tax Rises on Beer and Liquors
The new regulation will set the value added tax at 8% and a specific duty of $0.09 per degree of alcohol for beers.
Friday, September 10, 2010
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 collection of excise tax on liquor will be made effective by the National Revenue Authority (ANIP) and the National Customs Authority.
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.
The Association of Distillers and Liquor Companies (Asdyl) requested Congress to modify the taxes included in the recently passed tax reform.
The Executive is considering increasing taxes on cigarettes and alcoholic beverages as an option for balancing the 2015 budget.
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