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Russia will index excise tax rates on tobacco and spirits

MOSCOW, July 31. /TASS/. Russian President Vladimir Putin signed amendments to the law on the implementation of certain provisions of the main directions of tax policy, which provide for the indexation of excise rates on alcohol, tobacco and other excisable goods by 5% in 2024 and by 4% in 2025 and 2026. The document is published on the official portal of legal information. Earlier, State Secretary - Deputy Finance Minister Alexei Sazanov reported that excise rates were indexed to the inflation rate according to the forecast of the Ministry of Economic Development. The following excise tax rates are established: from January 1 to December 31, 2024 inclusive - 643 rubles per liter of anhydrou... [Read more]

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