Kazakhstan to Raise Tobacco Excise Taxes
Kazinform, citing Minister of National Economy Alibek Kuantyrov, reported that Kazakhstan will raise excise taxes on cigarettes and heated tobacco products next year. Speaking at a meeting of the Majilis, the lower house of parliament, Kuantyrov said ciga
Kazinform reports, citing the country's Minister of National Economy Alibek Kuantyrov, that Kazakhstan will raise the excise tax on cigarettes and heated tobacco products next year.
At a meeting of the lower house of the Kazakh Parliament, Majilis, Kuantyrov announced that by 2024, the excise tax on cigarettes should not be less than 28 euros ($29.94).
It is also proposed to increase the excise tax on other tobacco products, such as heated tobacco, to align the tobacco product excise taxes within the Eurasian Economic Union. According to the minister, this will require a phased increase in tariffs.
