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Penza region budget receives more money from alcohol sales

11:40 | 23.05.2016 | Economy

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Penza, 23 May 2016. PenzaNews. The Penza region budget has experienced an increase in income from excise duties on alcohol sales in the first four months of 2016 year-to-year, announced the regional Minister of Finances Lyubov Finogeeva during the meeting in the regional government on Monday, May 23.

The regional Minister of Finances Lyubov Finogeeva

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“The excise duty income growth [reached] 26% year-to-year, which gives us an increase of 269 million rubles,” she said.

According to the Minister of Finances, the calculations were based on several information sources, such as the clarified 2015 tax declarations.

“Moreover, there is an increase in excise duty products year-to-year,” Lyubov Finogeeval said and added that particular boosts were registered in the wine and ethanol departments.

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