KYIV, Dec 8 – Parliament adopted amendments to the Tax Code to ensure the balance of budget revenues in 2018, which foresees an increase in excise duties for tobacco products by 29.7%, environmental tax rates by 11.2%, and royalty (apart from production of extractable resources) by 16.8%.

Some 252 deputies voted for the bill, No. 6776-d, late on Thursday, December 7.

The explanatory note to the document says that the indexation corresponds to the projected growth of the consumer and producer price indexes.