Tag - taxes

USA: Proposed increases is tobacco taxes will hurt PA communities | Opinion

Congress is currently moving forward with aggressive policies that will significantly increase the federal tax on all tobacco products. This misguided policy won’t encourage smoking cessation, as it intends, but in fact it will cause more people to smoke, invite new criminal enterprises, and stoke racial division in our communities. Further, when you look...

Uganda: Covid-19, gov’t regulations impact tobacco revenues and taxes

Uganda’s formal tobacco Industry continues to be impacted by a growing trade in illicit products, attributed to government policies which are otherwise aimed at protecting the industry. These include the implementation of anti-smoking regulations as well as the tax measures that are largely aimed at making cigarettes too expensive and reduce it’s demand. The largest...

Europe: Parliament draft report pushes for tax hike on all tobacco products

A draft of a new report from the European Parliament’s Beating Cancer Committee does not distinguish between cigarettes and novel tobacco products on key points, signalling a tighter position on tobacco control, with some lawmakers already mobilising to challenge this. Once passed, the report by the BECA committee will serve as the institution’s position on...

Germany approves tobacco and e-cigarette tax hike

Smokers - of both electronic cigarettes and the regular variety - will have to reach deeper into their pockets in the coming year, after the German Bundestag signed off a bill to raise taxes on cigarettes, e-cigarettes and tobacco heaters.  Smoking in Germany to get more expensive in 2022 On Friday morning, the Bundestag waved through...

South Korea: Experts Propose New Direction for Tobacco Control Policy in Korea at WEAI

SEOUL, South Korea--(BUSINESS WIRE)--Mar 18, 2021-- New proposals with regards to Korea’s tobacco control policy have drawn international attention following its release at Western Economic Association International (WEAI) Virtual Conference, an internationally recognized economics conference, which is held for 3-days from March 17. New proposals with regards to Korea’s tobacco control policy have drawn international attention...

Pakistan: Tobacco control activists demand increase in FED on tobacco products

Tobacco control activists have demanded that the government increase FED on tobacco products, including smokeless tobacco products, in Pakistan. Currently, there are two tax slabs for cigarettes. An amount of Rs 33/- FED is imposed on cigarettes costing less than Rs. 90/- per packet and Rs. 90/- on cigarettes with a price of Rs. 90/-...

India: Tobacco taxes too low to control smoking

Karnataka's example shows that strictly enforcing existing laws could be a better answer, says study Smoking is a public health issue in India, with 100 million adults using products such as cigarettes and beedis. One tool the government has is taxes. But a study from Karnataka shows taxes are uneven and too low to limit...

More Taxes On Tobacco Products In 2021

Mambury Njie, Minister Finance and Economic Affairs, has disclosed that the tax exercise on tobacco products is expected to increase to 70 percent of the retail price. “In line with the country’s commitment under the World Health Organization (WHO) frame work on convention tobacco control, the ECOWAS directive on tobacco product in the Gambia and...