DENMARK: BORDER TRADE TO INCREASE
Article Abstract:
The Danish Taxation Minister, Ole Stavad, expects a huge increase in border trade when the so-called 24-hour rule is abolished by the end of 2003. The abolition of this rule, which means Danes no longer will have to stay abroad for more than 24 hours to import spirits and tobacco from other EU countries, will reduce the Danish Government's revenues by up to DKr 2bn (USD 0.3bn) , according to estimates by the Ministry. Sales of spirits taxed in Denmark are likely to fall by 30%. To avoid this situation, the Danish Government hopes that excises in Germany will be raised.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1999
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DENMARK: ALCOHOL REGULATION TO BE TIGHTENED
Article Abstract:
The Danish regulation of alcohol advertising in connection with sports and directed towards youths will be tightened. After having negotiated during several months, the Danish Government has now reached an agreement with Bryggeriforeningen, the Danish brewer association, and Forbrugerradet, the Danish National Board for Consumer Policies. A special committee will control that the regulation is followed.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1999
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DENMARK: BORDER TRADE TO BE SET FREE
Article Abstract:
By the end of 2003, Denmark's agreement with the EU about restrictions in border trade of alcoholic beverages will expire. Marianne Jelved, Minister of Economics, says Denmark will not apply for an extension. This means the EU regulation, which allows EU citizens to import 115 litres of beer, 19 litres of wine and 10 litres of spirits from other EU countries, will be valid even in Denmark.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2000
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