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Ukraine Raises Excise by 25%

Excise tax on tobacco products will increase by 25% from 1 July

Excise tax on tobacco products will increase from 1 July in Ukraine under Law No 1166-VII “On the Prevention of a Financial Catastrophe and Creation of Conditions for Economic Growth in Ukraine” which the Verkhovna Rada passed on 27 March 2014. From now on the specific excise rate for non-filter cigarettes will be 96.88 hryvnias per 1,000 pieces (earlier 77.5 hryvnias) and filter cigarettes 216.5 hryvnias per 1,000 pieces...

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