Draft Beer Prices to Rise? '20% Liquor Tax Cut' Set to End This Year

The government has decided to operate the draft beer tax reduction scheme only until the end of this year.

Word is that draft beer prices could go up starting next year.

According to the Ministry of Economy and Finance, the government plans to run the 20% draft beer liquor tax reduction scheme only through the end of this year.

When this scheme ends, taxes imposed on draft beer will increase starting next year.

Based on a 500ml glass, taxes are expected to increase by about 127 won compared to now.

Factor in the distribution process, and consumer prices are projected to rise by more than 500 won per glass.

Criticism has also emerged, calling the government's tax revision proposal a "tax hike on ordinary citizens."
※ Please note: This article was translated by AI and may contain errors.