Tag - Excise Taxes

European Court: Hungary Failing to Comply with Tobacco Excise Tax Hike

Hungary has failed to comply with European Union regulations by keeping the excise tax on tobacco products below the required threshold, the Court of Justice of the European Union (CJEU) said on Thursday. The European Commission turned to the CJEU in October 2019 with the complaint that Hungary had failed to gradually raise the excise...

Big tobacco about to score big win in Ukraine, roll back excise tax

It has been 3.5 months since Ukraine’s government tripled the excise tax for heated tobacco products — it is now the same as the minimum tax for traditional cigarettes.  The World Health Organization (WHO) welcomed this move. It was supposed to bring Hr 115.8 billion ($4.1 billion) to Ukraine’s budget by 2025, according to estimates...