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Yushchenko signs law to hike up tobacco excise tax 

Ukrainian President Viktor Yuschenko has signed a bill amending some legislative acts to increase tobacco excise taxes into law.

As reported earlier, Ukraine's parliament passed a bill increasing as of May 1, 2009, the minimum excise taxes on non-filter cigarettes from UAH 25 to UAH 50 per 1,000 and filtered cigarettes from UAH 47 to UAH 100 per 1,000. Thus, the minimum excise rate per pack of 20 non-filter cigarettes will grow from UAH 0.50 to UAH 1 and of 20 filtered cigarettes from UAH 0.94 to UAH 2.

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