The Ministry of Finance lowered expectations for excise tax revenue on soda – Kommersant
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State revenues from the excise tax on sugar-sweetened drinks this year will amount to 10.4 billion rubles, and in 2024–2026 – 25 billion rubles each. in year. This follows from the explanatory note of the Ministry of Finance to the draft federal budget for 2024 and the planning period of 2025 and 2026, which I have read RBC. However, when preparing the excise tax bill last year, the authorities expected to attract about 35 billion rubles to the budget. annually.
The excise tax on carbonated and sweet drinks has been introduced in Russia since July 1. It operates in the same way as a tax on alcohol, cigarettes or gasoline: manufacturers are required to pay it to the state themselves. In the case of soda, it’s 7 rubles. for every liter of product. The tax does not apply to juices, fruit drinks, syrups, milk and dairy products, jelly or other plant-based drinks
It was planned that additional federal budget revenues from the excise tax would be used to combat diabetes. Due to the introduction of this tax, some companies were forced to reduce investments and abandon new projects.
Read more in the Kommersant FM article. “Excise effect”.
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