Hong Kongs wine duty drastically reduced prices of domestic wine mixed.docVIP

 PAGE \* MERGEFORMAT 18 Hong Kong’s wine duty drastically reduced prices of domestic wine mixed ‘Hong Kong as an international city in a very high degree, it is the demand for health and culture gradually increased, so let more Hong Kong people with the relatively cheap price of drink red wine and beer, that is what I propose to reduce the duty on wine budget purposes. ‘6 21, Hong Kong Financial Secretary Henry Tang in Chengdu, receive the ‘China Wine newspaper’ reporters pointed out that Hong Kong’s own development of new liquor tax budget in mind. It is understood that Hong Kong’s Financial Secretary Henry Tang at the new year’s Budget proposal to reduce real-time beer and wine taxes were halved to 20% and 40%, while the spirits did not reduce the tax rate is still 100%. In fact, Hong Kong’s new liquor tax policy put forward although they would stimulate domestic wine sales in Hong Kong, but it puts the international market, China has always coveted place outside the liquor business. At the same time, a government spokesman also said that diminished spirits tax rate is the authority for health reasons, do not encourage people to alcoholism. Hong Kong’s new liquor tax policy for domestic wines provide an opportunity to enter the same time, the globalization of trade in China to liquor severe situation is evident. New wine tax return to put an end to Australia by New wine tax before the wine industry in Hong Kong said that Hong Kong wine duty is too high, so a lot of visitors and wine tasting base of Hawker will be transferred to Macau in order to avoid the high liquor taxes, and thus indirectly Hong Kong catering industry and the wine industry suffered. As early as last year, the industry has written to the Financial Secretary, Mr Henry Tang, Qi Cheng ask for tax reduction by half to half, and promised to cut back the public, if succeed, the retail price is expected to cut into two pairs of government revenue over the long term help. In the introduction