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Kyrgyzstan's Revenue from EAEU Cigarette Tax Decreases in 2024

Aug.08.2024
Kyrgyzstan's Revenue from EAEU Cigarette Tax Decreases in 2024
Kyrgyzstan's Finance Ministry report revealed a decrease in tobacco tax revenue from EAEU countries, with a total income of 25.262 billion som.

According to a report by Kaktus.Media on August 8th, the Kyrgyzstan Ministry of Finance revealed that from January to June 2024, the excise tax on filtered mouthpiece cigarettes from member countries of the Eurasian Economic Union (EAEU) brought in revenue of 25.262 billion som to the national budget.


Income from this tax has decreased by 652.575 million som compared to the first half of last year.


It is estimated that in the year 2024, a total of 25.755 billion som will be collected into the national treasury from the consumption tax on imported tobacco products (including e-cigarettes).


It is worth noting that on June 26th of this year, lawmakers in the Supreme Council of Kyrgyzstan approved a resolution authorizing fines for the use and importation of e-cigarettes within the country.


References:
[1] В Кыргызстане снизились сборы в бюджет от ввоза сигарет из стран ЕАЭС
Also Read:
[1] Kyrgyzstan Bans Import and Sale of E-cigarettes and Pods
[2] Kyrgyzstan Parliament Approves Bill to Ban E-cigarettes, Modifies Fines
[3] Kyrgyzstan Parliament Proposes Amendments to Laws on Tobacco and Nicotine
[4] Impact of Tobacco Smuggling in Central Asian Countries: A Report
[5] Imported E-cigarettes in Kyrgyzstan: Official Data and Concerns
[6] Kyrgyzstan Implements New Smoking Ban Law, Effective 4th March
[7] Kyrgyzstan Launches Anti-Smoking Movement: Proposed Regulations and Measures
[8] Kyrgyzstan Parliament Passes Bill Banning Use of E-cigarettes and E-liquid

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