I move:
(1) THAT for the purposes of the tax charged by virtue of section 72 of the Finance Act 2005 (No. 5 of 2005), that Act be amended, with effect as on and from 11 October 2023, by substituting the following for Schedule 2 to that Act (as amended by section 47 of the Finance Act 2022 (No. 44 of 2022)):
“SCHEDULE 2
RATES OF TOBACCO PRODUCTS TAX
(With effect as on and from 28 September 2022)
Description of Product |
Rate of Tax |
Cigarettes …. .... .... …. .... |
Rate of tax at— (a) except where paragraph (b) applies, €402.48 per thousand together with an amount equal to 8.85 per cent of the price at which the cigarettes are sold by retail, or (b) €479.37 per thousand in respect of cigarettes sold by retail where the rate of tax would be less than that rate had the rate been calculated in accordance with paragraph (a). |
Cigars …. .... .... …. .... .... |
Rate of tax at €483.343 per kilogram. |
Fine-cut tobacco for the rolling of cigarettes …. .... .... …. .... .... |
Rate of tax at €465.003 per kilogram. |
Other smoking tobacco …. .... .... |
Rate of tax at €335.322 per kilogram. |
"
(2) IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).