Wednesday, April 27, 2016

Excises on lemonade and electronic cigarettes on the way – News Economy

Print Ministry of Finance calculates the introduction of the excise tax on sugary drinks and electronic cigarettes, said on Wednesday Deputy Finance Minister Ilya Trunin, commenting on the announced new excise taxes for harmful products “Sweet drinks, electronic cigarettes -. We Now on this thinking will come the time of the submission of proposals on taxes for next year -. naturally, we formulate “, – he noted

Excise will not necessarily be subject to soda, as it was presented before

..” we mean drinks that contain sugar, does not necessarily carbonated, by the way we must decide what we want to impose -. all drinks that contain sugar, or which contain sugar in excess of a particular share, “- said the deputy minister

<. p> Since cigarettes are subject to excise duty, the Finance Ministry intends to introduce excise duty on electronic cigarettes, in which the liquid containing nicotine into vapor that simulates smoke.

“used liquid will impose the liquid in electronic cigarettes “- said Deputy

He said that because the harm to the health of sugar-containing beverages, and electronic cigarettes less, and excise taxes are lower:.” of course, it should be less than for alcohol or beer , otherwise it will be a strange way “

the Ministry of Finance has not yet decided to excise duties for palm oil

..” with regard to excise taxes on palm oil, we have a cautious attitude, – said Trunov. – Palm oil is considered, but the fear expressed by the President, we, too, have come to the same conclusion – yes, we can impose, but there are plenty of counter-arguments. The problem is not with palm oil in that it is more harmful, and that it is added to food and does not notify consumers. To solve this with a tax can not be “.

In February 2016, the Russian government has left negative feedback on the bill, which proposed to introduce excise duty on potato chips and carbonated water with different content sweetening or flavoring agents, salt and fat.

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