Tag - Tobacco tax

Law Changes Passed Stopping Tax Evasion On Water-pipe Tobacco

The Minister of Customs has welcomed legislation being passed which will prevent millions of dollars in potential tax evasion on water-pipe tobacco products. The Customs and Excise (Tobacco Products) Amendment Act 2022 changes the way excise and excise-equivalent duty is calculated on these tobacco products. Water-pipe tobacco is also known as flavoured, hookah, shisha, molasses...

CSOs Urged To Come Out With Solid Evidence To Change Tobacco Tax Structure

Dr Godfred Seidu Jasaw, the Member of Parliament for Wa East has called on civil society organisation (CSO) to join hands and come out with solid evidence to help in the change of the tobacco tax structure. He said: “If it is necessary to change the tobacco tax from ad valorem to specific tax or...

South Africa Proposes New Vaping Tax

The South African government will propose a new tax on vaping products to take effect in 2023, according to Vaping360. The move follows the government’s announcement last year that it intended to tax e-liquids. South African Finance Minister Enoch Godongwana outlined the new tax proposal as part of a package of new and increased excise taxes on tobacco, alcohol and high-sugar...

New Mexico lawmakers eye tobacco tax hike to curb use

As part of an effort to curb tobacco use in New Mexico, especially among high school students who are increasingly using e-cigarettes, several lawmakers expressed support Thursday for increasing taxes on all tobacco products. The push to raise the price on cigarettes and other tobacco products came after representatives from the American Heart Association and...

Tobacco taxation – a win for public health, a win for revenue and a win for the economy overall

A new tobacco tax manual recently released by WHO, confirms that the most cost-effective, mechanism for reducing tobacco consumption is a significant increase in excise taxes that leads to price increases. Although this evidence on the effectiveness of tobacco taxation is irrefutable, it remained the least implemented of the MPOWER measures (designed to support...

Kenya: National Treasury’s high excise duty on nicotine pouches is ill-advised

A proposal by the National Treasury to impose high excise duty on nicotine pouches is likely to make this alternative to smoking unaffordable to most Kenyan smokers. In his Budget Statement presented to Parliament on June 10, National Treasury and Planning CS Ukur Yatani had set the new tax at Sh5,000 per kilogramme. The net...

Kenya: Proposal To Tax Nicotine Products A Welcome Move

In Summary •Tax and price policies are known to be the most effective measures for deterring initiation of and continuous use of harmful products such as tobacco and nicotine products- also known as sin tax. •As we adopt fiscal measures on the emerging nicotine products, it is important to maintain and actually improve the fiscal measures...

Bangladesh: Tobacco tax — for better public health or tobacco companies’ profitability?

The finance minister proposed a mega budget on the eve of the golden jubilee of independence of the country. Even though the budget offers some good features including increasing coverage of safety-net, reduction in corporate tax to boost industrial growth, ten years' tax holiday for establishing hospitals outside of big cities to incentivise decentralisation...

Nigeria: FG to increase tobacco tax as minister insists on strict enforcement

NHF, WHO tackle government over sales The ministries of Health as well as Finance, Budget and National Planning are working together to upwardly review taxes on tobacco in a bid to make the product unaffordable. This comes as the Federal government has warned the tobacco industry against the introduction of electronic smoking devices, which are falsely...

How to Combat Tobacco Usage in India

While cigarettes constitute a source of considerable revenue for the Indian government, it is also crucial to reduce the consumption of these “sin goods” preferably through increased taxation. On similar lines, the finance minister of India, while presenting the 2020-2021 budget, suggested an upsurge in the excise duty charged on cigarettes by raising the...

Donate

$