Law of Ukraine No. 1621-VII
In Ukraine, today, September1, 2014, the excise duty on tobacco will increase. This is set out in Law of Ukraine No.1621-VII On Changes to the Tax Code of Ukraine and Some Other Enactments, which came into force on August 3, 2014, RBK-Ukraine (РБК-Україна) reports.
According to the law, from September 1, 2014, the minimum tax liability on cigarettes will be:
- for cigarette with a filter – 304.11 hryvnias per 1 thousand;
- for cigarette without a filter – 133.35 hryvnias per 1 thousand.
It is worth noting that Law of Ukraine No.1621-VII On Changes to the Tax Code of Ukraine and Some Other Enactments was approved by the parliamentarians at the closed-door meeting on July31, 2014.
