Baltics: Alcohol Tax Race to the Bottom Unfolding

The Baltic region has begun a race to cut alcohol taxes. Sparked by the recent move by Estonia to slash alcohol taxes, neighboring Latvia and Finland are also considering tax reductions.
Cross-border trade is a serious concern in the close-knit Baltic region. Recently Estonia announced plans to cut its alcohol taxes, a move likely to have negative consequences for levels of alcohol harm in the country – but it appears to have sparked a race to the bottom across the region…