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Budget 2025-26: After Sugar, FBR Sets Its Sights on Tobacco Sector
- In 2024, illicit cigarette consumption in the European Union reached a record high of 38.9 billion, marking a 10.8% increase from the previous year.
- This surge followed steep tax increases and weak enforcement in high-priced markets, with France and the Netherlands seeing the largest rises in illicit trade.
- France led with 18.7 billion illicit cigarettes consumed, representing 38% of its market, while Greece and Ukraine showed notable declines due to stable taxes and stronger border controls.
- Illicit cigarettes accounted for 9.2% of EU consumption in 2024, causing an estimated €14.9 billion loss in tax revenue, and counterfeit cigarettes rose 20.2% to 15.3 billion units.
- Philip Morris International urged balanced taxation, evidence-based regulation, and stronger law enforcement to curb rising illicit trade and protect public revenues and health.
13 Articles
13 Articles
Cigarette smuggling is increasing throughout Europe, and more and more counterfeits are circulating. This trend is driven mainly by France, where counterfeiting is rampant because of high prices. In Austria, the smuggling market is stable, with around half a billion cigarettes per year. The tax increases, however, could most recently also fuel the black market in this country. Illegal cigarettes are on the rise in Europe: 2.61 billion packages o…
INFO THE FIGARO. - According to a KPMG study, smuggling continues to blaze with price increases in the package.
Croatian Government Proposes Tobacco Tax Hike from July 1 to Raise €75 Million - The Dubrovnik Times
The Ministry of Finance has launched a public consultation on a draft regulation to increase excise duties on tobacco products, set to take effect on July 1, 2025. The move is expected to generate an additional €74.7 million in state revenue by the end of the year. Under the proposal, excise duties on cigarettes will rise as follows: Specific excise: from €53.10 to €56.10 per 1,000 cigarettes Proportional excise: remains at 34% of the retail p…
The EU Commission is calling on EU member states to raise tobacco prices. In a 196-page draft entitled "Proposal for a Council Directive on the structure and rates of excise duty applied to tobacco and tobacco-related products," reported by "Bild," the EU Commission advocates higher tobacco taxes for the purpose of protecting public health. The "curbing of tobacco consumption" can be achieved "among other things through tax measures to reduce th…
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