New Excise Tax on Greek Wine as of January 1st

7777_18Greeks will have to pay a new excise tax on wine as of January 1st, 2016, according to a decision published in the Government Gazette.

Specifically, the Special Consumption Tax on wine will be 20 cents per liter, or 15 cents per 750 ml bottle.

The decision signed by Deputy Finance Minister Tryfon Alexiadis will go into effect as of January 1, 2016. The new tax is expected to bring 55 million euros in state revenue.

The new excise tax does not apply to Greek wine exports.