The excise duty on cigarettes, “IQOS”, and gambling businesses is increased.  

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Changes Georgia

The has decided to increase taxes cigarettes and gaming businesses. This was announced by Mamuka , the executive secretary of “Georgian Dream”, after meeting.

More Money the Government

Mamuka Mdinaradze said that these changes are important for raising money for the government’s budget. The government wants to get more money from taxes.

Taxes on Cigarettes and Gaming Businesses Go

The tax on cigarettes will now be 20 tetris, which is higher than before. The tax on IQOS, a device used to smoke e-cigarettes, will also go up to 15 tetris. The tax on profits by businesses that run games and online casinos will increase by 5%.

Reducing Risks for Young People

Mamuka Mdinaradze said that these changes are necessary because the current rules did not work well. He wants to reduce the risks that young people face when it comes to gaming and online casinos.

Read More @ www.interpressnews.ge

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