Chilean Winemakers Decry Proposed Tax Hike
Wine has never had more competition—more wineries from more countries than ever before are fighting for market share. And small moves by governments can have a big impact on sales, especially when it comes to lower-priced wines. That explains why Chilean winemakers and grapegrowers are deeply alarmed about a proposed tax hike they believe could put some of them out of business. Today, wine in Chile is taxed at 15 percent per liter wholesale. That’s high compared to other…