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South Korea: South Korea Adopts Volume-based Liquor Tax for Beer
- 英文名称:
- South Korea: South Korea Adopts Volume-based Liquor Tax for Beer
- 工作单位:
- Office of Agricultural Affairs, Seoul
- 关键词:
- Wine; Beer and Spirits; Trade Policy; Exporting; Regulations and Requirements; Wine; Beer and Spirits; East Asia and the Pacific; Korea; South;
- 年份:
- 2020
- 语种:
- English
- 摘要:
- The Korean government implemented a volume-based liquor tax for beer on January 1, 2020. All beer will now be subject to 830.3 won (72 cent) per liter liquor tax. This tax will replace the previous 72 percent value-based liquor tax for beer. The policy change will reduce the cost of higher value beers in the market, including imported U.S. craft beer.
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