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The Warsaw Voice » Business » May 8, 2014
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Poland plans no increase in excise on tobacco & alcohol this year
May 8, 2014   
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The Polish government plans no increase in tobacco & alcohol excise in 2015, deputy Finance Minister Jacek Kapica said on Wednesday.

"We plan no further increase on excise for alcohol next year," Kapica said. ". . .it makes no sense to hike excise to account for 1% inflation that we now have."

In case of tobacco, Poland reached the minimum EU-required excise level and "does not envisage an excise hike next year," Kapica said.

The government hiked excise for alcohol by 15% as of January 1, 2014 and raised excise for tobacco by 5%, estimating additional annual revenues at PLN 780 million and 345 million respectively.
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