Bulgaria - another tobacco tax increase in the draft 2011 budget..


As part of the draft 2011 budget the Finance Minister Djankov has proposed a smoking-tobacco excise tax increase from BGN100 (69.82 USD) to BGN152 (106.11 USD) per kg .

It is interesting to note, just a few days ago a Bulgarian a politician, Petko Atanasov, wanted to lower tax on cigarettes to reduce contraband..

Cigarette excise was increased earlier this year. Bulgaria - grace period over, increase in tobacco tax starts Thursday, April 1, 2010..

Reference: Bulgarian Govt Strikes Deal with Business for 9% VAT in Tourism, Novinite.com (Sofia News Agency), 9/28/2010.

Bulgaria - related news briefs:
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Bulgaria - WHO upset with Bulgaria's weakened smoking ban..;
Bulgaria - weakened smoking ban, just added minors can't be in disco clubs after 10pm..;
Bulgaria - final vote delayed on weakened smoking ban..;
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Bulgaria - majority of all Bulgarians - 78% are against the smoking ban delay..;
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Bulgaria - leadership of tobacco fund to be replaced..;
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Bulgaria - limits on personal imports of tobacco products from outside the EU..;
Bulgaria - European Commission authorizes payment to tobacco producers for 2009 crop..;
Bulgaria -two cigarette smuggling attempts busted on Serbian border..;
Bulgaria - price of cigarettes increases..;
Bulgaria - Bulgartabac stays in the economy ministry, sold by middle of 2010, starting price 100,000,000 euro..;
Bulgaria - tobacco producers propose Bulgartabac transfer..;
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Bulgaria - chair of the economic committee in parliament disapproves of planned raise in excise duties on cigarettes..;
Bulgaria and others - smoking ban, increased cigarette taxes, smuggling..;
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Bulgaria - 1 in 3 youths smoke / half of pregnant women smoke..;
PMI training Bulgarian custom officers to stop cigarette smuggling..;
Philip Morris International (PMI) was truly happy they had been back in the Bulgarian cigarette market for a year and had already had 6.8% of market..;
WHO FCTC Protocol to Prevent Illicit Trade in Tobacco Products Won't Be Completed Until End of 2010..;
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Bulgaria is marking Tuesday, November 10, 2009, the 20th year since the internal coup at the Bulgaria;

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