According to recent report published by a leading economist at Dublin City University it is understood that Ireland has the highest taxes on wine and beer in the EU.
The latest report which was published by Tony Foley, a lading economist expert, Ireland currently has one of the highest tax levies in the entire EU with taxation on beer being 1,000% higher than Germany.
The detailed report which was published this week it also found that Ireland’s overall spirits excise is the third highest in Europe with only Finland and Sweden charging more.
Mr Foley said: “When compared with the rest of the EU, Ireland’s alcohol excise duty is very high across all drinks categories; only Finland ranks ahead of us.”
“Put another way, Ireland’s alcohol excise duty is 150% higher than 24 of the other 27 EU member states.”
“Combined with VAT and retail price, this means alcohol is comparatively more expensive in Ireland than it is in many other European countries.”
Mr O’Brien added: “Combined with VAT and retail price, it means Irish punters are paying through the nose for booze.”