
Taxing question of curbs on tobacco smuggling
GCC health ministers last month endorsed the call for a 100 per cent increase in customs duties on tobacco products.
There are two important issues related to imposing higher taxes on tobacco. The first is the need to avoid sudden, large tax rises that would lead to an increase in illicit trade. The other is that we must not let that illegal trade provide finance to organised crime groups and terrorist organisations.
http://www.thenational.ae/business/economy/taxing-question-of-curbs-on-tobacco-smuggling
Related Posts
Indore: Police seize counterfeit cigarettes worth Rs 3L
Indore (Madhya Pradesh): A crime branch team caught a man selling counterfeit...
Over 1 million counterfeit goods seized in EU
BRUSSELS, Oct 6 (KUNA) -- Up to 1.2 million counterfeit goods and 130 million...
Customs seizes over 30,000 counterfeit toys arriving at port in Charleston
Over $120,000 of counterfeit toys were taken by U.S. Customs and Border Patrol...
Beware of fake products
Tamil Nadu police have issued an 8-point advisory to the public to recognise and...

