Article
15.1.2020

New rates of excise tax

There are new excise tax rates valid in Czech republic since the beginning of year of 2020. Previous rates have been valid for several years. Ministry of Finance of Czech republic made a decision, following an increasing average monthly incomes, to increase excise taxes on cigarettes from 27% to 30% in case of percentage part of tax and from 1,46 CZK to 1,61 CZK in case of fixed part of tax. In case of alcohol, excise tax on 0,5 lit. of 40% alcohol increased from 57 CZK to 64,50 CZK. Also excise tax on cigars, tobacco for smoking and smoke-free products increased by app. 10%.

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