Tax on spirits affects UK exports to Hong Kong
Trade barrier summary
Affecting UK exporters of spirits to Hong Kong, there is a 100% 'ad valorem' excise tax (based on the assessed value of an item) on drinks over 30% alcohol by volume. This has led to significant price disparities between wine and spirits, particularly higher-value and higher-quality spirits.
Sectors affected
- Food and drink
Resolved
No
Date reported
10 February 2020
Last updated
18 December 2020
Public ID
PID-NG3VNB
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