The 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 moreTag Archive for: Tobacco Tax
The 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.
Tobacco products across Australia have become significantly more expensive as of today, September 1, following the scheduled bi-annual increase in excise duty rates. The tax charged on an individual cigarette has jumped by almost 10 cents, a move that continues the government’s long-term strategy of raising tobacco costs to discourage smoking.
Read moreA bipartisan panel in the Georgia House of Representatives is exploring new measures to curb smoking and vaping, with a tax increase being the main proposal. The state’s current cigarette tax of 37 cents per pack is the second-lowest in the nation, far below the national average of $1.97.
Read moreColombia’s Minister of Finance, Germán Ávila, has announced that the government’s new tax reform bill will include a special chapter to impose new taxes on tobacco, vapes, and other nicotine products. The proposal, part of a broader financing law, aims to address the “negative externalities” associated with these items and is expected to be presented to Congress in the coming days.
Read morePortugal has publicly challenged the European Commission’s proposed revision of the Tobacco Excise Directive (TED), joining a growing coalition of member states concerned about its far-reaching consequences. The Portuguese Ministry of Finance warns that the directive, which aims to harmonize taxes across the bloc, could fuel illicit trade, cause annual revenue losses of up to €1.5 billion, and undermine the fiscal autonomy of member states.
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