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
Smuggled foreign-origin cigarettes seized by Assam Rifles in Mizoram
AIZAWL: In yet another success in its crusade against smuggling activities,...
Counterfeit Dior, Chanel products seized in arrest of Hong Kong online store operator
Hong Kong customs officers have arrested a 48-year-old woman who allegedly...
More than 13,000 illegal cigarettes seized in raids on Norwich shops
A total of 13,500 illegal cigarettes and 250g of illegal hand-rolling tobacco...
Gold smugglers take it ‘below the belt’ to doge detectors
INDORE: Instances of gold smuggling by carriers through air routes have seen a...