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Cigarette tax rises: the government regulated that the rate rises from 70 to 73 percent

Cigarette tax rises: the Government regulated that the rate rises from 70 to 73 percent The National Government today regulated the increase in the rate of the cigarette tax that was raised from 70% to 73% of the sale price to the consumer and eliminated the minimum to pay this tax on tobacco. Through decree 658 signed by President Javier Milei, the Minister of Economy, Luis Caputo, and Foreign Minister Diana Mondino, it was regulated how the increase in the tobacco tax will be calculated, which generated strong controversies in the Chamber of Deputies when it was incorporated into the Law of Bases. The law also regulates other fiscal transparency measures included in the Bases Law. The deci... [Read more]

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