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Around four euros price increase: Expensive cigarettes: Bundestag approves higher tobacco taxes

Millions of people smoke in Germany, which brings the federal government billions in tobacco tax. In the future, revenues are expected to increase. Smokers will therefore have to prepare for higher prices.

Translated from German Read in German

Around four euros price increase: Expensive cigarettes: Bundestag approves higher tobacco taxes

Germany's Bundestag has approved a law to gradually increase tobacco tax, which is expected to raise the price of a pack of 20 cigarettes to nearly 12 euros by 2030. The tax hike aims to discourage smoking, particularly among young people, and is projected to generate an additional 12 billion euros in tax revenue over four years.

The law also increases taxes on cigars, cigarillos, shisha tobacco, and e-cigarette liquids. Critics, including the tobacco industry and some lawmakers, have expressed concerns that the tax hike could lead to an increase in the black market for cigarettes.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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