Excise duty for cigarettes and gambling go up, alcohol and beer get off safe

MPs failed to adopt the increase of excise duty on spirits and beer while voting the amendments to the Excise Duty and Tax Warehouses Act. The proposal was excise of the ethyl alcohol to be increased from BGN 1100 to BGN 1250 per 1 hectoliter pure alcohol, and the excise duty on the ethyl alcohol (home-made brandy) produced in small distillatory to increase from BGN 550 to BGN 625 per 1 hectoliter pure alcohol.
MPs increased excise of cigarettes on Thursday.The specific excise is increased from BGN 41 to BGN 101 per 1000 pieces and the proportional excise is raised from 23 to 40.50%. Amendments to the Excise Duty and Tax Warehouses Act provide specific excise duty not to be less than BGN 148 per 1000.
Bulgarian parliament passed 15% increase of excise duty on gambling on second reading amendments to the Corporate Income Tax Act. The proposal was passed unanimously with 149 votes “for”.
Rising the excise on gambling from 10% to 15% will pour about BGN 150 million in the budget. This is what co-chair of the Blue Coalition Ivann Kostov said at the parliament during a discussion on the amendments to the Corporate Income Tax Act, cited by FOCUS News Agency reporter.
This year is expected BGN 117 million revenues to the budget in view of the current excise.
Aliosman Imamov from Movement for Rights and Freedoms (MRF) commented that the main problem in this field is not the tax rate but regulation and control. Fiscal effect of this action will not be achieved due to the lack of control.