Bulgarian Parliament presents new twist on alcohol and cigarette tax – Novinite.com
Bulgaria ranks second after Greece within the EU by way of the variety of common people who smoke as a proportion of the inhabitants, in line with a Eurobarometer survey. Picture by BGNES
Members of the Bulgarian Parliament on Thursday supplied the most recent shock relating to the alcohol and rising the tax on cigarettes.
New excise the charges had been amended and elevated at second studying on the Price range Committee assembly in comparison with their values authorized at first studying. This choice makes the vote within the parliamentary chamber essential for the ultimate choice.
The arduous liquor tax, in line with the most recent stakes, would enhance by 0.72 BGN per liter. The rise additionally consists of conventional do-it-yourself grape and fruit brandy – “rakia” the place solely the primary 30 liters could be exempt from tax. Solely the beer tax stays unchanged.
The cigarette tax will probably be BGN 100 per 1,000 cigarettes plus 23% of the promoting worth. This may scale back the worth distinction between cheaper and costlier cigarettes, however all cigarettes will promote for over 4 BGN for a pack.
The opposition reiterated its view that larger costs would result in elevated consumption of cigarettes and alcohol smuggling whereas tobacco corporations consider the transfer wouldn’t scale back the nation’s staggering variety of people who smoke and as a substitute encourage individuals to roll tobacco, smoke cheaper cigarettes or purchase them with black marker