Vínbúð

Vínbúð

Infobox_Company
company_name = Áfengis- og tóbaksverslun ríksins
company_< --> |]
company_type = Government enterprise
company_slogan =
foundation = 1961
location = Reykjavík, Iceland
key_people = Ívar J. Arndal, president
num_employees =
industry = Alcohol marketing
products =
revenue = | homepage = [http://www.vinbud.is/ vinbud.is ]

Vínbúð, "Wine shop", is a chain of 46 stores run by the Icelandic alcohol & tobacco monopoly - ÁTVR, locally called ríkið which literally means "The State". It is Iceland's sole legal vendor of alcohol for off-premises consumption, though in practice most bars and restaurants will not prevent you from leaving with purchased drinks. High licensing fees make this an expensive option, however, and alcohol is always at least twice as expensive outside the Vínbúð.

Iceland has very high taxes on alcohol. Historically, this was to curtail consumption. Tax rates in stores are not a percentage of price (such as a sales tax or income tax) but are proportionate to the alcohol content.

Other alcohol monopolies

* Alko - Finland
* Systembolaget - Sweden
* Vinmonopolet - Norway
* Provincial Liquor Crown Companies - Canada

External links

* [http://www.vinbud.is Vínbúð's website]


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