Azerbaijan Approves New Tax Policy on Tobacco and Alcohol

Regulations by 2FIRSTS.ai

Dec.05.2023

Azerbaijan Approves New Tax Policy on Tobacco and Alcohol

Azerbaijan increases taxes on tobacco and alcohol products during parliamentary session, imposing higher rates on e-cigarettes, cigars, and spirits.

According to a report by Haqqin, Azerbaijan has approved new tax policies on tobacco and alcoholic beverages during a parliamentary session. The consumption taxes on these products have been increased. This issue has been discussed in tax law revisions and has been passed in the third reading.

Azerbaijan has increased the excise tax on disposable e-cigarettes, hookahs, and their substitutes from 0.25 manat per item to 2 manat per item. The excise tax on small cigars has been raised from 43 manat per 1000 units to 45.5 manat per 1000 units, while the excise tax on tobacco cigarettes has increased from 38.5 manat per 1000 units to 45.5 manat per 1000 units. The tax rate on alcoholic beverages has also been increased from 4 manat per liter to 4.8 manat per liter.

References:

[1] Азербайджанцам стоит закупиться алкоголем и сигаретами до Нового года

Also Read:

[1] Azerbaijani Tobacco Factory Begins Production for Export to Italy

[2] Significant Decrease in Cigarette Production in Azerbaijan

#Traditional tobacco #Legislation #Asia #Azerbaijan #E-cigarette Taxes

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Singapore Police Dismantle Cross-Border E-Cigarette Smuggling Ring, Arrest 12 and Seize Over 64,000 Devices

Singapore authorities crack down on cross-border e-cigarette smuggling syndicate, arresting 12 individuals and seizing over $43,000 worth of contraband.

Oct.20 by 2FIRSTS.ai

BAT plans to sell its stake in ITC Hotels, using proceeds to reduce debt

British American Tobacco (BAT) plans to sell all or part of its stake in ITC Hotels via an accelerated bookbuild, with the sale size expected to be up to 15.3% of the company’s shares. The company says the proceeds will be used to reduce debt and bring its leverage back within the target range.

Dec.05 by 2FIRSTS.ai

Wisconsin Lawmakers Revive Bill to Raise Legal Age for Tobacco and Vaping Purchases to 21

Wisconsin Senate Bill 524 (SB 524) has been reintroduced to raise the legal purchasing age for tobacco and electronic nicotine products from 18 to 21, aiming to eliminate the gap between state law and the federal “Tobacco 21” standard. Some retailers in Madison have already voluntarily adopted the 21-year age limit, while the American Lung Association is urging swift legislative action.

Dec.04 by 2FIRSTS.ai

AIRSCREAM Unlocks Pan-European Nicotine Pouch Market for B2B Partners with Full-Service EU OEM Solutions

Showcased at PouchEx Stockholm, AIRSCREAM’s end-to-end OEM ecosystem demonstrates how brands can enter the fast-growing European nicotine pouch market with greater speed, confidence, and regulatory readiness.