Electronic cigarettes are about to separate GERB and the Patriotes



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So-called smokeless electronic cigarettes increase dramatically. Amendments to the Excise Duties and Tax Warehouses Act provide that tobacco products will be subject to a new excise tax effective October 1. The calculations of the Parliamentary Budget Committee show that this will bring an additional BGN 15 million to the Treasury for the first half and BGN 30 million for the whole year.

However, parliamentary groups are divided in terms of change. For the moment, it seems that only the GERB and the NSSB party quota deputies of Valeri Simeonov support the changes. VMRO opposed it, BSP too

With 65 votes in favor, 48 against and 55 abstentions, the National Assembly rejected the BSP's proposal to reduce the deputies to …

It is necessary to align the excise duty. There is a loss for the budget. For the period from January to May, the budget loss is nearly 15 million leva. This was announced by Deputy GERB Evgenia Angelova on the issue of higher excise tax on electronic cigarettes. We expect their market share to reach 1.6% by the end of the year. The budget could lose 30 million BGN by the end of the year, she said. The only lobbying here is lobbying for the budget, said Angelova. She also shocked the idea that cigarette producers (mainly Philip Morris on IQOS technology) had to agree to reduce their profits on behalf of the budget but did not commented on why not reduce their profits and other cigarette manufacturers .

According to Atanas Kostadinov of the BSP, there is a clear lobbyist proposal. We will be the only European country in which we will have flat rates with this product. This is an alternative to cigarettes, not to cigarettes products. We are lobbyists for the health of Bulgarian. When we oppose the budget of the health of the Bulgarians, we will choose, of course, health Kostadinov was categorical. Alexander Sidi, from IMRO, added that the European Commission has distinguished smokeless cigarettes from ordinary cigarettes and is now asking that the new amendments to the Excise Tax and Tax Warehouses Act be not made.
Expert Opinions

The Excise Tax on So- Smokeless cigarettes (under Philip Morris' IQOS technology) are manufactured "in the name of budget revenues". So …

These cigarettes are generally more expensive and, as a result, excise duties are lower. The state should not seize this opportunity by redirecting cash flow to the state budget, says expert Georgi Lozanov. In his words, the excise duty directs consumption. The excise you take to make policies with him, and what better policy to reduce smoking, offered Lozanov's alternative.
According to Ivan Stambolov, behind the imposition of excise duty on these cigarettes lies something not particularly beautiful. Being subject to excise duty and saying that it is done in the name of the budget is ridiculous. In the case of these cigarettes, the excise is inapplicable, said Stambolov.
We remind you that MEP Stoyanova, GERB MEP and Chair of the Parliamentary Committee on Budgets, justified her request to amend the law "on behalf of budget revenue" yesterday (3 July). The changes were immediately seen as protecting companies producing ordinary cigarettes, especially Bulgartabac, which has long been considered part of Delyan Peevski's business, although British American Tobacco will buy the company's flagship brands Bulgarian Victory Eva Slim and GD

Fuel Dealers Conduct Effective Strike Actions Due to New Market Changes That Have Not Yet Been Enforced place. The industry is worried about …

Stoyanova announced that "because of the lower excise duty on smokeless cigarettes – 93 cents per box at the price of BG 5.50 per BGN 3.50 per box for regular cigarettes at price of 5.50 BGN, the budget is losing. In January – May, the loss amounted to 30 million BGN and could be two or three times the following year. The market for smokeless cigarettes reached 1.6% of the market, and Stoyanova said the loss of the budget was not acceptable when we talked about the underfunding of health care, education and security sector. This is called with the results of FB.getLoginStatus ().
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