News and Insights

CRA Excise Duty Notice EDN20, “Budget 2008 – Excise Duty on Imitation Spirits”

Tax Development Apr 06, 2008

This notice issued by the Canada Revenue Agency outlines the effects of a proposal, announced in the 2008 federal budget, relating to the excise duty on imitation spirits. This proposal would place a limit of 11.9% as the maximum allowable alcohol concentration at which the excise duty rates on beer or malt liquor would continue to apply on imitation spirit products.