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State to gain PLN 103 bln thanks to the excise tax on cigarettes and alcohol

20:21

State to gain PLN 103 bln thanks to the excise tax on cigarettes and alcohol
Source: Photo by Haseeb Jamil on Unsplash

The excise tax on alcohol, as proposed by the Ministry of Finance, is to increase by 10 percent. from 2022. Further increases are to be introduced until 2027. The excise tax on cigarettes will also change. The amendment to the regulations is to bring an additional PLN 103 billion to the budget within a decade.

This is the result of the project of the Ministry of Finance on increasing the excise tax on alcohol and tobacco products, although three weeks ago it was denied that work was underway on this topic.

The correction is needed to prepare for "an increase in the EU minimum for tobacco products and the introduction of taxation for innovative products at the EU level". In addition, the government reports that retail alcohol prices in Poland are very low compared to the EU average.

"The state's excise tax policy is an important part of the fiscal policy, but at the same time, it is an excellent tool for regulating the level of consumption of stimulants that harm the health of the society,” the ministry claimed.

(Gazeta.pl) 

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