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France considers massive tax hike on hard liquor

October 19th, 2017
Categories: News

Link: https://www.rt.com/business/406987-france-tax-hike-alcohol/

The price of cognac could increase significantly in France as the government plans a tax increase on strong alcoholic drinks. The proposal is part of the government's new social security budget. According to French daily Les Echos, the tax increase would affect brandy, gin, rum, tequila, vodka, and whiskeys, as well as other spirits, containing more than 15 percent alcohol.

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