Taxing the smoker
The GCC’s proposal to raise tobacco tariffs is being welcomed by health experts but will it be effective in curbing smoking and earning much-needed revenue? A sharp hike in tobacco tariffs could further fuel an already illicit cigarette market in the Middle East. Experts suggest that governments introduce excise taxes to raise revenue instead of doubling customs tariffs.
Taxes, if imposed, should be moderate and uniform across the Gulf and raised gradually to discourage smuggling, according to experts.
https://www.zawya.com/story/Would_proposed_GCC_tobacco_taxes_curb_smoking-ZAWYA20160110101129/
Related Posts
BOC begins destruction of P7 billion worth of seized counterfeit goods
The Bureau of Customs-Port of Manila said they had started destroying over P7...
BSF foils 3 smuggling attempts in a week, seizes 2.4 kg gold worth Rs 1.48 crore from South Bengal
New Delhi , November 24 (ANI): In a big blow to the smugglers, the Border...
Chinese banks a haven for web counterfeits
Kim Sbarcea knew exactly what she wanted. She typed “Tiffany Elsa Peretti mesh...
Assam Rifles, Mizoram Police seize foreign cigarettes worth Rs 7.8 crore; one held
Aizawl, Dec 19 (IANS) Assam Rifles and Mizoram Police in a joint operation...



