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In Russia increased excise taxes on cigarettes and tobacco-Interfax

In Russia increased excise taxes on cigarettes and tobacco in Russia with the 2016 year increased excise duties on tobacco and cigarettes. Excise duties on cigarettes this year increased to 1.25 thousand. EUR 1 thousand. pieces plus 12% computed value with 960 rubles per 1 thousand. pieces plus 11% estimated cost in the year 2015. In the year 2017 excise tax will rise to 1.42 thousand. roubles plus 13%. Excise duty on cigarettes is composed of specific (fixed) part and an ad valorem component (a percentage of the maximum retail selling price). Thus, in the year 2016, the specific rate increased by 30%. Excise duties on tobacco are increased by 11%, to 2 thousand. rubles per kilogram from 1.8... [Read more]

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