The supplier decides the price to ÁTVR himself. The fundamentals of suppliers price to ÁTVR are principally:
- Purchase price from the producer or foreign supplier.
- Transport costs.
- Alcohol tax
- Recycling tax on containers
- Other costs and supplier’s trade margin
Together the above factors determine the supplier’s price to ÁTVR.
ÁTVR’s retail price in Vínbúðir
ÁTVR’s retail price in Vínbúðir is established by adding ÁTVR’s trade margin and an 11% VAT. The amount is balanced to nearest ISK.
Prices are the same in all outlets. The retail price is published at the ÁTVR website, vinbudin.is
ÁTVR’s trade margin
ÁTVR’s trade margin is decided by law no. 86/2011, on sales of alcohol and tobacco.
ÁTVR’s trade margin of alcohol containing up to 22% alcohol by volume shall be 18%, but trade margin of alcohol containing over 22% of alcohol by volume shall be 12%.
VAT on alcohol
The VAT on alcohol is 11%.
Alcohol and recycling taxes
These taxes shall be included in supplier’s price to ÁTVR.