Excise taxes on wine in Russia may triple in 2024
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From May 1, 2024, Russia may increase excise taxes on wine to 108 rubles. per liter This is reported in project changes for the second part of the Tax Code of the Russian Federation, published on the website of draft regulatory legal acts.
They plan to increase the rate by approximately three times; in the previous version of the document, the excise tax on wine in Russia in 2024 was supposed to be 35 rubles. per liter This year the rate is 34 rubles. per liter
The draft notes that in 2025 the excise tax on wine should increase to 112 rubles. per liter In 2026, the figure will be increased to 116 rubles. per liter
From July 1, 2023, Russia introduced an excise tax on sugar-containing drinks in the amount of 7 rubles. per liter The measure applies to soft drinks with added sugar and other sweeteners, the content of which exceeds five grams per 100 ml of drink.
According to the Ministry of Finance, by the end of 2023, state revenues from the new excise tax will amount to 10.4 billion rubles. In 2024–2026 the figure will increase to 25 billion rubles. in year.
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