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CIS & Baltic States > Ukraine
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Excise Revenue Goes Up

Excise revenue for the Ukrainian state budget was 46% higher in 2015 than in the same period (first four months) of 2014.

As earlier, excise on tobacco accounted for more than half of total revenue. It showed the most significant increase: 5.7 billion hryvnias was collected in January-April 2015, which is almost 1 billion more than in the same period of 2014. Meanwhile, cigarette production remained almost unchanged. Experts connect the growth in revenue from tobacco excise with...

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