The Federal Customs Service described the possible tax on wines from NATO countries as “prohibitive.” Previously, Russian winemakers proposed increasing the tax to 200%. At the moment, tariffs on wines from “hostile” countries are 20% and were increased in August 2023;

The Federal Customs Service described a possible tax on wines from NATO countries as “prohibitive”

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A 200% tax on wines from NATO countries would be prohibitive. This was stated by the head of the Federal Customs Service of Russia, Maxim Chmora, according to TASS.

Chmora noted that the economic effect of selling products with such duties is only possible with very high margins.

The relevant departments are discussing the issue of increasing import duties on wines from “hostile” countries. The Russian Association of Winegrowers and Winemakers had already submitted the corresponding proposal.

Currently, duties on wines from “hostile” countries are 20%, but not less than $1.5 per liter.

Author:

Kirill Bilyk

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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