RIGA - The Saeima Budget and Finance (Taxation) Committee today agreed to set a lower excise tax rate on sweetened non-alcoholic beverages than approved in previous readings of the draft legislation.
Under the previously endorsed draft amendments, excise tax on 100 liters of soft drinks would be calculated based on three different rates depending on sugar content. For soft drinks with sugar content of up to 5 grams per 100 milliliters the exercise tax rate would be EUR 7.4 per 100 liters, for soft drinks with sugar content of 5 to 8 grams per 100 milliliters the tax...
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