Iceland Chamber of Commerce

Video: Did you know the state takes up to 80% of the retail price of alcohol?

In a new short video, Lísbet Sigurðardóttir, legal counsel at the Iceland Chamber of Commerce, discusses how heavily alcohol is taxed in Iceland. Public levies and duties can amount to around 80% of the retail price, and she considers whether taxation is the most effective way to improve public health.

In a new short video (reel), Lísbet Sigurðardóttir, legal counsel at the Iceland Chamber of Commerce, discusses how heavily alcohol is taxed in Iceland and raises the question of whether high taxes are the most effective way to improve public health.

Watch the video on Facebook and Instagram.

This article was automatically translated from the Icelandic original.

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