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Czech markets  |  September 27, 2012 08:51:48

The Chamber of Deputies approved the further increase in excise duty on tobacco and tobacco products

The Chamber of Deputies yesterday approved the distribution of tax increases on tobacco products to the level required by the EU within two years 2013/14 instead of the previously considered only increase in 2014. This step was considered for a long time and is perceived as slightly positive because it will be a gradual burden on consumers. Overall, depending on the exchange rate that the average price on the box because of the tax increase by CZK 4 in 2014, now it will be about dvoukorunový growth in 2013/14. Just remember that an amendment must be approved by the Senate and signed by the President.

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Poslanecká sněmovna odsouhlasila další růst spotřební daně na tabák a tabákové výrobky

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