Saturday, November 06, 2004
Swedish Alcohol Taxes
Finland and Denmark gave into the pressure from low-priced alcohol imports by slashing their alcohol taxes. Sweden and (non-EU member) Norway have so far held firm to their traditionally high alcohol taxes. Sweden has been talking about implementing a big alcohol tax cut for some time, but now gives word that any such cut will have to wait until the spring. Norway isn't expecting any changes anytime soon, but recognizes that Swedish policy changes will have extra-territorial ramifications. Forbes.com provides the latest. Vice Squad, hoping to somehow manipulate this into a visit to Stockholm, has been following the Swedish tax story just a little too closely.
Incidentally, the Danish alcohol tax cut appears to be working, in the sense that Danes travelling abroad are bringing back less booze, while alcohol sales in Denmark to visiting Swedes and Norwegians have risen.