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Friday, October 30, 2009

Estonia will increase tax on alcohol and tobacco in 2010


The Estonian government agreed yesterday on principle on next the state budget 2010 and in order to cover spending in this budget, the state will increase the excise tax on alcohol and tobacco, Estonian dailies write.

It was agreed that the spending will amount to 89 billion kroons and the revenue volume will be 84 billion kroons. If the decision of the government is finalised, next year the excise tax on alcohol will increase by ten percent and excise tax on tobacco will be raised by 20 percent by the beginning of 2011. . . . . . .

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