Excise tax increases by ten percent
After the 2009 excise tax and VAT increase, from the 1st of January 2010, alcohol and tobacco excise tax increase will occur again. The consumers will detect only minor price increases.
The Portfolio.hu examined the impact of the tax increase on the price of alcohol products particularly spirits and champagne and on the market of cigarettes, (the excise tax on wine is 0). If the tax changes will fully passed on to consumers; Unicum’s price will be higher with 126 HUF, while the price of Törley champagne will be higher with 16 HUF, and Marlboro Lights’ price will increase by 22 HUF – reports Portfolio.hu.
Related news
Related news
Acceptance of 3D-Printed Meat Is Rising in Germany
German consumers are increasingly open to 3D-printed, lab-grown meat alternatives,…
Read more >Nestlé To Launch Deep Tech Centre To Boost Innovation
Nestlé plans to set up a new centre for ‘deep…
Read more >Our net greenhouse gas emissions have decreased by 42 percent compared to 1990
Our country has entered the group of climate champion countries…
Read more >