Indonesia to increase tobacco excise tax by 12.5%

The Indonesian government has announced that it will increase excise tax on tobacco products by an average of 12.5% in 2021. The increase is lower than the 23% average excise tax increase imposed in 2020. A spokesperson for the government said that they were balancing the needs to improve health and to boost economic recovery following the COVID-19 pandemic.

Source: https://uk.reuters.com/article/indonesia-tobacco/indonesia-to-raise-2021-excise-tax-on-tobacco-products-by-125-idUKJ9N2GS00B