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
NIA special court sentenced two for 10 years in fake currency case
The National Investigation Agency (NIA) special court in Vijayawada on Wednesday...
The BSF nabbed three Bangladeshi smugglers
Shillong, Jan 06: The BSF troops of BOP Bagli, deployed in South West Khasi...
Businessmen charged with selling counterfeit drugs
A suburban New York pharmaceutical company sold more than $17 million in...
Trader sold fake England World Cup shirts and Ray-Ban sunglasses.
Boyd Talbot, aged 32, was also ordered to pay back £16,250 within three months...


