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Those affected by the new tax will have to cope with a double burden, in the context of a progressive increase of the excise duty
Jump to full article: Nine O'Clock (ro), 2006-04-18
Author: Gabriela Folcut
Intro: Less than a month before the levy on vice becomes operational, during which time the implementation norms need to be drafted, the fact that it was introduced continues to give birth to controversy. On the one hand, those affected by the tax must cope with a double burden in the context of a progressive increase of the excise duty, and, on the other hand, the Central Bank officials are worried about its impact on the inflation target established this year. Health Minister Eugen Nicolaescu estimates to collect approximately EUR 100 M and EUR 200 M starting from 2007.
The tax was introduced as a deterrent of the abuse of tobacco and alcohol - other than wine and beer - and to finance the health system. The contributions will be the won funds of the Ministry of Public Health. . . .
Under the law, the legal entities that produce or import tobacco shall pay the following taxes: EUR 10 / 1,000 cigarettes, EUR 10 / 1,000 cigars, EUR 13 / kilo of smoking tobacco.
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