Latvia Government Raises Tobacco Tax in New Policy Changes

Sep.20.2024

Latvian government approves increase in tobacco consumption taxes, with minimum 46 euro cent hike for cigarettes starting in 2027.

According to BNN News on September 19th, the Latvian government recently approved a series of changes to labor taxes, including an increase in the consumption tax on tobacco products.

Starting from 2027, the minimum consumption tax and value-added tax portion for each pack of cigarettes will increase by 46 euros cents, while each pack of heated tobacco (5.3 grams) will increase by 19 euros cents. The price of a 40-gram pack of tobacco will increase by 62 euros cents, and a pack of 10 cigars or small cigars will increase by 29 euros cents.

In addition, the tax on e-liquids for e-cigarettes will increase by 10 cents for every 2 milliliters, and by 48 cents for every 10 milliliter pack. The tax on alternative tobacco products (such as nicotine pouches in 14 gram packs) will increase by 28 cents.

References:

[1] Latvian government goes with proposed changes to labour taxes

Also Read:

[1] Latvia Faces Epidemic of Tobacco and Nicotine Consumption: 44% Youth Use Rate

[2] Latvia Passes Law Restricting Tobacco Sales to Minors and Flavored E-cigarettes

[3] Latvia Imposes Fines for Minors' Possession of E-cigarettes

[4] Latvia to Increase Taxes on Tobacco and E-cigarettes

[5] Increasing Consumption Taxes on Tobacco and Alcohol in Latvia

#Europe #Traditional tobacco #Legislation #Latvia

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