HUNGARY LEGAL BATTLE OVER EXCISE STAMPS MIGHT HELP HARD-PRESSED TOBACCO SECTOR
June 6th, 2014
Pressure is growing on Hungary’s government to change the country’s tobacco excise laws, which can block sales of distributed products, with the European Commission and the Hungarian tobacco industry calling for the policy to be changed.Zoltán Pankucsi, deputy state secretary for accounting and taxation at Hungary’s ministry for national economy, confirmed to Tobacco Journal International that Hungary levies excise duties on tobacco by means of tax markings on packaging. When the tax rate – either of VAT or the excise duty - changes, tobacco products ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.