Beer tax still too high

[NewsWhore]

The Dominican National Brewery (CND) is still not satisfied with the government's proposed ad valorem tax on alcohol. The government reduced its ad valorem tax on alcoholic beverages from 20% to 15%, but the CND is continuing to argue that alcoholic beverages should be taxed according to the level of alcohol. Teodoro Hidalgo, Corporate Affairs for the Leon Jimenes Group, pleaded with the Chamber of Deputies to remove the proposed tax on beer and said that in the last 36 months the beer sector has had to increase taxes by 224%. El Caribe writes that a beer that costs RD$50 could end up costing RD$75, an increase of 50%.

More... (http://www.dr1.com/index.html#7)