Hong Kong’s Liquor Tax Cut & Whisky Cask Market Opportunities
Hong Kong’s latest Policy Address 2024 announces a significant reduction in liquor tax.
Effective immediately, for imported spirits priced over HK$200, the tax rate on the portion exceeding HK$200 has been dramatically reduced from 100% to 10%.
This tax reduction will boost Hong Kong’s spirits trade, rejuvenate the industry, and stimulate local demand. Whisky is expected to see growing popularity while also enhancing Hong Kong’s role in re-exporting spirits to other Asian markets.
At our cask whisky investment event on October 24, we’ll explore how this tax cut benefits cask whisky investment and bottling. We’ll provide insights into the entire process of purchasing whisky casks, highlighting Asia’s growing whisky demand and the cask trading market.
About the event
From Cask to Bottle: Take A Dive Deep into Whisky Cask Ownership
- Date: 24 Oct 2024 (Thursday)
- Time: 19:00 – 21:00 HKT
- Venue: House Welley Bar, Central, Hong Kong
You’ll have the opportunity to taste a curated selection of premium cask samples and a rare bottle from a private collection, featuring investment-grade whiskies with diverse flavour profiles, as well as a unique, aged independent bottle.
Join us for an evening of enlightening discussions and great whiskies!
How to join: Get Your Ticket Here HK$100/person
If you’re interested in exploring more about cask investment or bottling, speak to our experienced team to explore your whisky investment options.
