Commentary to Decree No. 344 of 7 August 2015

    Belarus President Aleksandr Lukashenko has signed Decree No. 344 on determining price groups of filter-tipped cigarettes and corresponding excise duty rates.

    In line with the decree, excise duties on the first-group filter-topped cigarettes with retail price of at least Br600,000 for 1,000 cigarettes will make up Br143,800 for the taxable entity; on the second-group cigarettes with retail price ranging from Br600,000 to Br750,000 – Br268,800; on the third-group cigarettes with retail price from Br750,000 – Br325,000.

    The decree shall enter into force on the first day of the month following the month of its official publication and remains operational till 31 December 2015.