1. Products used for gasoline formulation which are no longer subject to taxesSpecifically, naphtha and reformade component and other product used for gasoline formulation are no longer subject to taxes.
2. Additional nontaxable entities Apart from nontaxable entities in accordance with the 2008 Law on Excise Duty, airplanes used for national security and defence will be additionally included as nontaxable entities.
3. Taxable price adjustmentTaxable price applied to the excise tax imposed on goods or services is the price of goods sold or services rendered which has yet to include the excise tax, environmental protection tax and value-added tax.
Formerly, taxable price applied to the excise tax imposed on goods or services is the price of goods sold or services rendered which has yet to include the excise tax, environmental protection tax and value-added tax.
4. Excise tax rate- Cigarettes, cigars and other tobacco products:
+ From 01/01/2016 to 31/12/2018: 70%.
+ From 01/01/2019 onwards: 75%.
The previous rate was 65%.
- Alcohol of an alcoholic strength by volume of 20% or more:
+ From 01/01/2016 to 31/12/2016: 55%.
+ From 01/01/2017 to 31/12/2017: 60%.
+ From 01/01/2018 onwards: 65%.
The previous rate was 50%.
- Alcohol of an alcoholic strength by volume of less than 20%:
+ From 01/01/2016 to 31/12/2017: 30%.
+ From 01/01/2018 onwards: 35%.
The previous rate was 25%.
- Beer:
+ From 01/01/2016 to 31/12/2016: 55%.
+ From 01/01/2017 to 31/12/2017: 60%.
+ From 01/01/2018 onwards: 65%.
The previous rate was 50%.
- Gasoline of all kinds:
+ Gasoline: 10%
+ E5 gasoline: 8%
+ E10 gasoline: 7%
The previous tax rate imposed on all kinds of gasoline was 10%.
- The tax rate imposed on casino and prize-winning electronic game business is 35%.
The previous rate was 30%.
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