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Graph 2.7. / Relationship between excise rate changes and the development in excise revenues per country
-40%
-20%
0%
20%
40%
60%
80%
100%
∆ excise revenues 2008-2010
∆ excise rate 2008-2010
UK TU NL CH SE ES SI SK RO PT PL NO MT LU LT LV
IT
IE HU EL DE FR FI EE DK CZ CY CR BG BE AT
We didn’t study with the same degree of detail the relation
between the changes in VAT rates and the changes in VAT
revenues at country level. At the level of the EU as a whole,
we calculated that, despite thechanges in the VAT rates in
several countries, the overall VAT revenues decreased by 8
percent (from 18,86 billion euro in 2008 to 17,28 in 2010).
The loss of VAT revenues was highest in the hospitality
sector, which decreased by 10 percent (13.52 versus
12.13 billion euro), whereas in the retail sector, the revenues
decreased by 3 percent (5.34 versus 5.16 billion euro).
This difference can be explained by the trend for more
consumers to buy their beer off trade, rather than on-trade.
02
27
Government revenues