Government Estimates to Raise an Additional 166 Million with Taxes on Tobacco and Alcohol Economic Journal
5 Articles
5 Articles
In the report accompanying the State Budget proposal for 2027 (OE2027), it is estimated that the tobacco consumption tax will yield EUR 1,864 million in the coming year, plus EUR 139 million (8.1%) than the estimated for the total year of 2026 (EUR 1,725 million).
The tax on alcohol, alcoholic beverages and added sugar or sweeteners (IABA) is expected to yield 392 million euros, over 27 million euros compared to the estimate for 2026.
OE2027 The Government content estimates an increase of 166 million revenue with taxes on tobacco and alcohol appears first in MINHO.
The Government estimates that taxes on tobacco and alcoholic beverages will generate an additional EUR 166 million in 2027, totalling EUR 2,256 million, according to the budget proposal.
Only the tax on tobacco can yield 1,864 million euros
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