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Finance & Taxes
Europe
Getting cheap cigarettes in Germany? Excise duties are also rising significantly there.
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.