Cabinet Approves Bill to raise excise taxes on alcohol and cigarettes on the THEME: 0 News export Cabinet of Ministers of Ukraine approved the submission to the Verkhovna Rada the draft law on amendments to the tax code in part a revision of some taxes, including raising excise duty on alcohol and cigarettes. The decision was made today during a meeting of the Cabinet.   "This will lead to additional income in the consolidated budget in the year 2017 in 5.2 billion," said Finance Minister Oleksandr Danyliuk.   According to him, betting on Excise, environmental tax and annuity payment will be revised in the light of consumer price indices, producer price indices. [Read more]