At the expense of increased excise duties on
alcohol and tobacco, the Cabinet of Ministers has intent to collect 3.3
billion hryvnias in the state treasury. According to Ukrainian mass
media, the money will be channeled to provide relief to floods victims.
The governmental draft law proposes to increase excise duties on
tobacco products from 12.5 to 16%. The minimal price of tobacco
products will grow from 8 to 18 hryvnias per thousand sticks of
cigarettes without filter, and from 18 to 40 hryvnias per thousand
sticks of filter-tipped cigarettes.
Serhiy Teryokhin, the chief of the
Committee for Finance and Banking Activities, informed that the
Committee agreed to increase excise duties on tobacco. In addition to
the government’s draft law, a president’s draft of amendments to state
budget was forwarded to the Verkhovna Rada.
The Head of State is
categorically opposed to increasing excise duties on alcohol and
tobacco.
Архiв
