Tobacco Tax Collections up in Germany
- News This Week Taxation
- January 21, 2021
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Germany taxes $34.7 billion worth of tobacco products reports Xinhua, citing the country’s Federal Statistical Office (Destatis). This is an increase of 5 percent year-on-year.
The quantity of fine-cut rolling tobacco taxed last year increased by 10.6 percent. The quantity of pipe tobacco taxed rose 44.3 percent.
Covid-19 lockdowns and border closures played a role in the growth of fine-cut cigarettes. “In search of an alternative to the lower priced cigarettes from abroad, consumers probably increasingly turned to fine-cut to roll their own cigarettes,” stated.
Cigarette sales fell by 1.1 percent to 73.8 billion pieces. Taxed retail sales values for cigarettes rose 43.5 percent.