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
One held with fake printer toners worth Rs 3 crore in Mumbai
MUMBAI: Fake printer toners worth Rs 3 crore were seized in a raid at a godown in...
Don’t hike tobacco tax
As the state Legislature and Gov. Tom Wolf continue to negotiate spending, taxes...
Milk adulteration racket uncovered in Gujarat’s Amreli; one held with fake products
Amreli, Oct 22 (IANS): The Special Operations Group (SOG) police, in...
Import duty hike to up gold smuggling
CHENNAI: An increase in the import duty on gold, the third in less than a year,...

