Australia’s illegal tobacco market cost the federal government an estimated $3.3 billion in avoided excise tax revenue in the 2023-24 financial year, according to a new report from the Australian Criminal Intelligence Commission (ACIC). The national criminal intelligence agency warns that organized crime’s control over this lucrative black market is continuing to grow, fueled by consumers seeking cheaper alternatives to heavily taxed legal cigarettes.
Read moreTag Archive for: Tobacco Tax
Smokers and vapers in Bulgaria should prepare for higher prices starting January 2026, as a planned increase in excise duties on all tobacco and nicotine products takes effect. The new rates, approved in the state budget, will apply to conventional cigarettes, heated tobacco products, and e-cigarette liquids, including nicotine-free versions. This adjustment is part of a four-year strategy to gradually align Bulgaria’s tax rates, which have been among the lowest in the European Union, with the bloc’s average levels.
Read moreThe European Union is preparing a sweeping revision of its tobacco taxation policies that could see the price of a pack of cigarettes in countries like Italy increase by as much as €3. The proposed overhaul of the Tobacco Excise Directive (TED) aims to harmonize taxes across the bloc, significantly raise minimum excise rates on traditional tobacco, and, for the first time, apply these principles to new-generation products like e-cigarettes (vapes), heated tobacco, and oral nicotine pouches.
Read moreThe government of Trinidad and Tobago has doubled the excise duties on CARICOM-manufactured cigarettes and tobacco, aligning them with the 100% tax hike on locally manufactured products outlined in the 2026 Budget. Planning Minister Kennedy Swaratsingh confirmed the changes, explaining the move creates a level playing field and addresses concerns from local manufacturers about unfair competition from imports.
Read moreThe Uruguayan government, under President Yamandú Orsi, has introduced a new restriction on tobacco companies, prohibiting them from accessing tax benefits under the country’s Investment Promotion Regime. The new decree, signed by President Orsi and several ministers, reverses a 2020 decision by the previous administration of Luis Lacalle Pou that had allowed the tobacco industry to apply for these tax incentives.
Read moreThe Russian government has submitted a bill to the State Duma that proposes to increase excise taxes on tobacco products starting in 2026. According to the draft law, the tax on cigarettes is set to rise by 11.3%, while the tax on other tobacco products (including pipe, smoking, chewing, sucking, snuff, and hookah tobacco) could increase by 7%.
Read moreMalaysia’s plan to raise cigarette excise taxes to discourage smoking and boost revenue could backfire, warn policy experts. Without a significant crackdown on the existing black market and smarter regulation of alternatives like vapes, such a move risks fueling illicit trade and reducing overall tax collection.
Read moreGovernment Aims to Raise Over a Trillion Pesos Annually with New Tax Reform
The Colombian Ministry of Hacienda (Finance) has introduced a bill to Congress that proposes a significant tax increase on cigarettes and vaping products. The reform aims to achieve two primary goals: reduce the consumption of tobacco and its substitutes to improve public health, and secure fresh revenue for the national budget, with projections of raising over one trillion additional pesos (approximately USD 250 million) annually starting in 2026.
Read moreTobacco Excise Jumps Nearly 7% as Experts and Politicians Question Price-Led Strategy
Cigarette prices in Australia, already among the highest in the world, are set to jump by nearly 7% on Monday due to a scheduled rise in the tobacco excise. This increase comes amid escalating criticism that the government’s price-led anti-smoking policy is fueling an explosive black market, which has been linked to a surge in violent crime, including robberies and arson attacks.
Read moreRevised Structure Replaces Sales Tax with Specific Excise Duties on Cigarettes, E-Cigarettes, and Devices
The government of Bhutan has announced a significant revision to its taxation framework for tobacco and vaping products, which is set to take effect early next year. The new structure replaces the existing sales tax system with a combination of customs duties, goods and services tax (GST), and specific excise taxes.
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