• March 29, 2024

Belarus braces for tax hike

The Belarusian government will increase tobacco excise tax rates by between 50 percent and 100 percent, starting Jan.1, reports Oreanda-News.

The excise tax rate on filtered cigarettes will increase by 55.6 percent to 110 percent, depending on the price group. The excise tax rates on smoking and pipe tobacco, and cigars will increase by 66.7 percent, while the rate on cigarillos will rise by 73.8 percent.