The excise tax (duty) rates that apply with respect to alcohol and alcoholic beverages will increase beginning 1 November 2015. The tax rates will increase substantially—ranging from 8.5% for beer to more than 40% for ethyl alcohol.
Because of the pending rate increases, taxpayers may want to consider releasing affected goods for consumption before 1 November 2015, with payment of the excise taxes (duties) at the rates in effect before 1 November 2015.
Read an October 2015 report prepared by the KPMG member firm in Belgium: Increase excise duty rates on alcohol and alcoholic beverages as of 1 November 2015
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