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Vietnam to Implement Cigarette Excise Tax From 2027, Gradual Hike to Follow - Regional Media News
Summary by regionalmedianews.com
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3 Articles
Vietnam to implement cigarette excise tax from 2027, gradual hike to follow - Regional Media News
HANOI, Jan 14 (Reuters) - Vietnam will introduce an absolute excise tax on cigarettes starting in 2027, with rates increasing incrementally to 10,000 dong ($0.38) per pack by 2031 as part of a campaign to curb smoking, state media reported late on Tuesday. The amended Special Consumption Tax law, passed last year, will adopt a mixed tax regime starting from 2027, combining the existing 75% base rate with an absolute levy starting at 2,000 dong p…
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