Cabinet agrees to raise some excise taxes from 2011

Some excise tax rates will go up in Slovakia as of next year. Cabinet ministers agreed on Wednesday, September 22, to draft changes to laws which will raise the excise tax on beer, tobacco products, mineral oils, coal and natural gas.

Some excise tax rates will go up in Slovakia as of next year. Cabinet ministers agreed on Wednesday, September 22, to draft changes to laws which will raise the excise tax on beer, tobacco products, mineral oils, coal and natural gas.

The excise tax on beer should change as of next March, the SITA newswire wrote. An increase in the excise tax on tobacco products is planned to come into force in two phases. The first increase will take effect on February 1, 2011, while the second hike is scheduled to come on March 1, 2013. New excise tax rates on mineral oils, coal and natural gas should come into force next year.

Source: SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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