The state Duma adopted amendments to raise excise taxes on wine, tobacco and fuel

The Russian state Duma approved the increase in excise duties on wine, tobacco and fuel, according to RNS.

All will pay. By whom and what the Finance Ministry is going to replenish the budget?

The government package of Tax code amendments the deputies adopted in the second reading. They are aimed at implementing tax policy of the Ministry of Finance.

So, one of the approved amendments increase excise taxes on sparkling wine, from 14 to 19 rubles per liter of champagne with a protected geographic name, and from 26 to 36 roubles for sparkling wines with a geographical unprotected name.

Earlier, the deputies approved the increase in excise duties on wines with protected geographical name twice and wines made without the addition of rectified ethyl alcohol. This may lead to higher prices for a bottle of 0.7 liters 7.4 rubles, and for wines with a protected geographic name – by 3.7 rubles. Also the excise duty increased on cider, Poiret and Mead.

The excise tax on cigarettes will increase by 26% compared to the current year and will be at least 2123 rubles per thousand cigarettes. The specific part of excise duty will increase by 10%, to 1562 rubles, and the ad valorem part, which is calculated from the maximum retail price from 12 to 14.5%. The excise tax will be indexed by 10% within three years. 2017 will impose excise tax on electronic cigarettes and nikotinsoderzhaschie liquid.

The excise tax on gasoline grade 5 next year offer to remain at the current 10 130 rubles per ton, and in 2018 increased to 10 of 535 rubles. In 2019, the excise tax will increase to 10 957 roubles. The rate of gasoline that does not meet the class 5, and straight-run gasoline in the next three years will remain at 2016 — 13,1 thousand roubles. The excise tax on diesel fuel from 5.29 thousand rubles per ton in 2017 will increase to 6.8 thousand rubles, in 2018 — up to 7072 rubles, and in 2019 — to 7355 rubles.

With these changes, the Ministry of Finance expects to receive an additional 430 billion rubles of revenue in 2017, 345 and 487 billion rubles in 2018 and 2019, respectively.

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