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CIS & Baltic States > South Caucasus
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Increase in Excise, Production Growth in Armenia

The government of Armenia suggests increasing excises on alcohol, cigarettes, and petrol

The draft amendments to the Excise Tax Act were passed by the National Assembly in the first reading on 19 June 2015. The second reading of the law will take place in autumn. Tobacco excise rates are modified as part of the process of harmonisation of rates in the Eurasian Economic Union (EEU). It is suggested that excise be raised from 5,000 to 5,500 dram ($11.6) per 1,000 filter cigarettes, from...

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