Ukraine to Cut Cost of Excise Seal on Alcoholic Beverages
OREANDA-NEWS. November 21, 2014. "The cost of excise seal was artificially increased to pay royalties, in order not to control the circulation of excisable goods, but to give a chance for someone to earn instead. The Government will support a decision of the Ministry of Finance on cutting the cost of excise seal on alcoholic beverages", said the Prime Minister of Ukraine Arseniy Yatsenyuk at a Government meeting.
The PM noted that there were aired different visions on this issue, also among various business associations, "We have a common vision – one shouldn’t pull money out of the pockets of citizens and transfer them to offshores”.
"I hope the producers of excisable goods, particularly alcohol, will also meet their obligations," he said.
"On the one hand we have raised the excise tax. On the other hand we will reduce the load cost for manufacturers of excisable products. So, let’s pay taxes. The Government does its work and you should do yours - legalization of the market and paying taxes," Arseniy Yatsenyuk appealed to producers.
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