Excise tax on cigarettes will increase
The excise tax rate on cigarettes rises to the EU level in three steps and the operation of sports properties becomes more favorable after the Parliament has adopted the necessary amendments to the tax laws and other related laws due to EU harmonization obligations.
The legislation was adopted with 127 votes in favor, 16 votes against and 42 abstentions.
The excise rate on cigarettes and consumer tobacco will rise next year; the tax reaches the EU tax minimum in three steps, for 1 January 2021. (MTI)
Related news
Upcoming changes in the Hungarian Food Book
Trade magazin has asked deputy state secretary Dr Beáta Olga…
Read more >The transformation in smoking habits is significant, the key to harm reduction is information
Although it is still high, compared to the situation two…
Read more >Tobacco shop regulations are becoming stronger
According to the announcement of the Ministry of Construction and…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >