Belarus may raise excise duties on cigarettes by 15% from 1 Jan 2022
<p> MINSK, Sep 29 - PrimePress. Starting 1 Jan 2022, Belarus may raise excise duties on cigarettes and other tobacco products by 15% compared to the level of H2 2021. This is provided by the draft law “On Amendments to the Tax Code of the Republic of Belarus”. The document has been published on the website of the Belarusian Ministry of Finance. </p> <p> </p> <p> Excise duty rates on cigarettes depend on the price range and are set for the whole year, except for excise duties on Second Price Group cigarettes. The ranges of retail prices per 1,000 cigarettes, which are also set for the whole year with a breakdown by half-year, also change. </p> <p> </p> <p> Unlike the current tax code, which categorises filtered cigarettes by value into three price groups, the draft proposes to set two price groups for such cigarettes. </p> <p> </p> <p> The first price group of cigarettes (low-end) in the first half of 2021 includes cigarettes costing up to 150 Belarusian rubles ($60 at the rate of the National Bank of Belarus) per 1,000 pieces (up 17.6% compared to the current level); in the second half of the year – Br155 ($62) per 1,000 units, up 3.3% compared to the current level). </p> <p> </p> <p> For this price group they propose increasing the excise tax rate by 15% compared to the second half of 2021 to Br32.94 ($13.18) and set it for the whole year. </p> <p> </p> <p> The second price group includes cigarettes worth more than Br150 ($60) per 1,000 units in the first half of the year, (up 17.6% compared to the current level); in the second half of the year – over Br155 ($62) per 1,000 units, up 3.3% compared to the current level). </p> <p> </p> <p> Excise tax rate in the second price group shall be increased by 15% up to Br83.02 ($33.21) in the first half of 2022, while in the second half - by another 4% to Br86.36 ($34.54). </p> <p> </p> <p> For other types of tobacco products, except tobacco blends intended for consumption by heating, the excise tax is proposed to be increased by 15% on average and set for the whole year without a breakdown by half-year. </p> <p> </p> <p> It is suggested that the excise duty rate on unfiltered and mouthpiece cigarettes should be set at Br26.33 ($10.13), while on cigars (apiece) - Br7.51 ($3), cigarillos (1,000 units) - Br112.01 ($44.8), pipe and smoking tobacco (per 1 kg) - Br116.47 ($46.59), hookah tobacco - Br60.66 - Br52.75 ($24.26) per kg. </p> <p> </p> <p> The excise duty on tobacco mixture for consumption by heating was increased by 15% up to Br162.15 ($64.86) per 1 kg of tobacco mixture (heated tobacco). </p> <p> </p> <p> For the first time they suggested introducing an excise tax on liquid (juice) for electronic smoking systems – it may be set at Br0.15 per 1 ml, and on non-tobacco nicotine-containing products at Br77.14 ($30.86) per 1 kg. End (Br2.5/$1) </p> <p> </p>
2021-09-30
Primepress
Belarus may raise excise duties on cigarettes by 15% from 1 Jan 2022
MINSK, Sep 29 - PrimePress. Starting 1 Jan 2022, Belarus may raise excise duties on cigarettes and other tobacco products by 15% compared to the level of H2 2021. This is provided by the draft law “On Amendments to the Tax Code of the Republic of Belarus”. The document has been published on the website of the Belarusian Ministry of Finance.
Excise duty rates on cigarettes depend on the price range and are set for the whole year, except for excise duties on Second Price Group cigarettes. The ranges of retail prices per 1,000 cigarettes, which are also set for the whole year with a breakdown by half-year, also change.
Unlike the current tax code, which categorises filtered cigarettes by value into three price groups, the draft proposes to set two price groups for such cigarettes.
The first price group of cigarettes (low-end) in the first half of 2021 includes cigarettes costing up to 150 Belarusian rubles ($60 at the rate of the National Bank of Belarus) per 1,000 pieces (up 17.6% compared to the current level); in the second half of the year – Br155 ($62) per 1,000 units, up 3.3% compared to the current level).
For this price group they propose increasing the excise tax rate by 15% compared to the second half of 2021 to Br32.94 ($13.18) and set it for the whole year.
The second price group includes cigarettes worth more than Br150 ($60) per 1,000 units in the first half of the year, (up 17.6% compared to the current level); in the second half of the year – over Br155 ($62) per 1,000 units, up 3.3% compared to the current level).
Excise tax rate in the second price group shall be increased by 15% up to Br83.02 ($33.21) in the first half of 2022, while in the second half - by another 4% to Br86.36 ($34.54).
For other types of tobacco products, except tobacco blends intended for consumption by heating, the excise tax is proposed to be increased by 15% on average and set for the whole year without a breakdown by half-year.
It is suggested that the excise duty rate on unfiltered and mouthpiece cigarettes should be set at Br26.33 ($10.13), while on cigars (apiece) - Br7.51 ($3), cigarillos (1,000 units) - Br112.01 ($44.8), pipe and smoking tobacco (per 1 kg) - Br116.47 ($46.59), hookah tobacco - Br60.66 - Br52.75 ($24.26) per kg.
The excise duty on tobacco mixture for consumption by heating was increased by 15% up to Br162.15 ($64.86) per 1 kg of tobacco mixture (heated tobacco).
For the first time they suggested introducing an excise tax on liquid (juice) for electronic smoking systems – it may be set at Br0.15 per 1 ml, and on non-tobacco nicotine-containing products at Br77.14 ($30.86) per 1 kg. End (Br2.5/$1)