Slovakia will have the highest tax on cigarettes in CEE region
Increasing excise taxes on cigarettes higher and earlier than originally planned is one of several measures by the Robert Fico government aimed at consolidating public finances in Slovakia. This may make Slovakia’s excise tax on cigarettes the highest among European Union member countries in central and eastern Europe (CEE). The Slovak parliament advanced the draft revision to the law on the excise tax on tobacco products, raising the excise tax to the second reading on July 25. The final adoption of the new legislation is expected in September.
For the full story, please visit The Slovak Spectator
(Photo: Andrzej Gdula/sxc.hu)
