Essence of the Law:
The law introduces comprehensive changes to the Tax Code of Ukraine and related legislation regarding excise taxation of tobacco products. New excise tax rates for tobacco products are established, the procedure for determining minimum retail prices is modified, and additional mechanisms for controlling tobacco product circulation are introduced.
Structure and Main Provisions:
1. Changes to the Tax Code:
– New definitions of terms related to beer and non-alcoholic beer
– Changes in the procedure for applying currency exchange rates when calculating customs payments
– Establishment of new excise tax rates for tobacco products for 2025-2027
– Changes regarding minimum excise tax obligations
2. Changes to the State Regulation Law:
– New requirements for retail trade of tobacco products
– Creation of a registry of licensees’ websites
– Additional sanctions for legislative violations
Key Provisions for Application:
1. New excise tax rates for tobacco products established from 2025
2. New mechanism introduced for determining minimum retail prices for tobacco products
3. Increased control over internet trade of tobacco products through website registry creation
4. Modified procedure for applying currency exchange rates when calculating excise tax
5. New penalty sanctions established for price regulation violations
