Denmark tax ministry suggests liquor duty cuts

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The country's travel retailers could face further losses to their liquor business if the government proposal is approved

The Danish government is preparing to make further cuts to liquor duty in an attempt to attract shoppers to domestic stores. According to the Danish business daily Borsen the ministry of taxation has set out the opportunities to lower duty on beer, wine and spirits in a note on finance law negotiations scheduled for autumn.

Several travel retailers were forced to reduce liquor prices last October after the government announced its first round of reductions, cutting the price of some liquor products on the domestic market by over 40%.