Excise tax in the United States

Bulgaria has the lowest excise tax on cigarettes in the European Union, with a rate of just 1.92 euros per pack of 20 cigarettes. This contrasts sharply with Ireland, where the highest excise duty is imposed at 9.92 euros per pack, followed by the Netherlands at 7.66 euros and France at 7.45 euros.

The Russian government has unexpectedly decided to increase the excise duty on imported alcohol, wine, and cut flowers from "unfriendly countries," including Bulgaria.

The Romanian Ministry of Finance has today published a draft decree providing for an increase in excise duty on cigarettes, the introduction of a tax on non-alcoholic beverages containing sugar and other fiscal measures, according to BTA.

Cigarettes will have new prices and new excise labels. The prices of some brands have already risen, reports bTV

The reason for the surge is the changes in excise duty on tobacco products. The most common cigarettes that cost 5 leva will reach 5.20 leva. However, this is increase in price is also for the lower class brands.

The Supreme Administrative Prosecutor's Office has initiated checks following media publications that school students consumed foods and drinks containing ingredients dangerous to the health, the Prosecutor's Office said on 5th of October.

Montenegro's Health Insurance Fund says the public health system needs to find a new financial model to overcome its current crisis and provide care to thousands of people struggling to access basic care.

Parliament adopted at second reading the increase in the excise tax on cigarettes. It will increase from BGN 70 to BGN 101 per 1,000 cigarettes, reported bTV.
 

Half of the annual income of every Bulgarian is returned to the treasury in the form of personal tax burden, showed estimates of the economists at the Institute for Market Economy.

The tax burden of every working Bulgarian reaches up to 45% of his/her income and when municipal taxes and fees are added, it becomes nearly 50%.

The Bulgarian Parliament has passed legislation under which the excise tax on cigarettes will go up in 2017, also increasing consumer costs.

The current tax is BGN 70 per 100 pieces (the "specific excise"), plus 38% of the sale price (the so-called "ad valorem excise duty"), but its minimum total value is BGN 161 per 1000 pcs (EUR 82.2).

Donald Trump declared a 916 million dollars loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.