Czechia: Plans for Alcohol Tax Increase

The Czech Finance Ministry plans to increase taxes on addiction industries including alcohol. The increased tax will boost tax revenue for the government by 10 billion crowns in 2020.The proposed tax increases will be for hard liquor (approximately 13% higher), cigarettes (a 10% increase), sports betting (2%) and lotteries and similar games (7%). However, beer and wine would be unaffected by the tax increases…