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
Second Sentenced for Smuggling Counterfeit Cancer Drugs
The U.S. District Court of the Eastern District of Missouri sentenced...
SI 64 will fuel smuggling
Industry has said government's recent import restrictions are going to fuel more...
Lebanese counterfeiters arrested
Lebanese authorities have arrested a gang who forged Lebanese and Arab government...
3-year-old gold smuggling racket busted at Delhi’s IGI Airport
NEW DELHI: Customs at Indira Gandhi International Airport has busted a nearly...