Japan - Approving Oak Chips for Wine Production Reduces Tax Rate 2017

Country:
Japan

Report Highlights: On April 01, 2017, the Japanese National Taxation Agency issued an announcement that included an approval for the use of oak chips in the production of wine. This approval will change the tax category and effectively reduce the liquor tax for wine treated with oak chips from 220,000 Japanese Yen per kilo liter (approximately $1,980/kilo liter) to 80,000 Japanese Yen per kilo liter (approximately $720/kilo liter). This revision will take effect on April 1, 2018.

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