Soft drinks, coffee will get more expensive

Sep 30, 1999

RIGA (BNS) -The government decided to back an excise tax on soft drinks and coffee beginning in 2000.The tax applicable to soft drinks was established as 2 lats ($3.45) per 100 liters and the tax levied on coffee would be 0.5 lats per kilogram.These two taxes are expected to generate a total of 3 million lats of additional revenue, comprising 1.1 million lats from the excise tax on soft drinks and 1.9 million lats from the excise tax on coffee, to the national budget.Next year the excise tax wil ...

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