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Liquor prices go up in bid to make drinking go down.
Sep. 7--Liquor taxes are rising effective today under a government policy aimed at reducing alcohol consumption. The new tariff regime affects blended whiskies, brandies, rums and other spirits and effectively raises taxes for most spirits up to the maximum allowed under the current tax law.
Whiskies and brandies currently carry an excise tax of 45 percent of the ex-factory price or 240 baht per bottle, whichever is higher. The per-bottle tax is calculated based on 100 percent alcohol content, and varies based on the actual proof of the spirit.
Under the new rate, popular whiskies such as Spey Royal and Johnnie Walker will pay a rate of 50 percent of the ...
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Source: HighBeam Research, Liquor prices go up in bid to make drinking go down.