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State Alcohol and Tobacco Company of Iceland

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This is an old revision of this page, as edited by Certes (talk | contribs) at 19:10, 17 August 2018 (Fix links to President (via WP:JWB)). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Áfengis- og tóbaksverslun ríksins
Company typeGovernment enterprise
IndustryAlcohol marketing
Founded1961
HeadquartersReykjavík, Iceland
Key people
Ívar J. Arndal, president
Websitevinbud.is
Inside a Reykjavik Vínbúð

Vínbúð (Icelandic pronunciation: [ˈviːn.puð], wine shop) is a chain of 46 stores run by the Icelandic alcohol and tobacco monopoly ÁTVR, locally called ríkið (Icelandic: [ˈriːkɪð], 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 alcoholic monopolies

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