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Finance & Taxes Europe

Getting cheap cigarettes in Germany? Excise duties are also rising significantly there.

Getting cheap cigarettes in Germany? Excise duties are also rising significantly there.
Germany is raising tobacco taxes significantly, with prices for cigarettes set to rise from 8.05 euros to 11.36 euros by 2030. A new sugar tax on soft drinks will also start in 2027, expected to generate 690 million euros.

Summary

The German parliament approved significant increases in tobacco taxes, expected to generate over 12 billion euros from 2027 to 2030. The average price of a pack of cigarettes will rise from 8.05 euros to 11.36 euros by 2030. Additionally, a sugar tax on soft drinks will be implemented in 2027, generating around 690 million euros.

Read full article at NU.nl โ†—
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