AmCham and UMBA in collaboration with Coca‑Cola Hellenic Bottling Company Armenia CJSC organized an open discussion on April 5th.

The aim of the meeting and topic for public discussion was excise tax, that has been widely discussed recently. The dialogue between public and private sectors was a good opportunity for a comprehensive discussion on this topic. We had the opportunity to get acquainted with various taxes including the international experience on excise tax and recommendation on its effective implementation presented by expert Mr. Mikael Bonde Nielsen, Director of Economic Affairs of The Coca‑Cola Company.

At this moment RA Government legislative initiative to include carbonated sweetened beverages in the list of excisable good has been removed from the list of RA Tax Code Reforms as a result of a series of industrial discussions, meetings and constructive dialogue.