Category: Tax

Tax regime could backfire

Tax regime could backfire

| February 2, 2018

The Philippines’ government seems intent on burdening smokers with crippling levels of taxes as part of a policy that seems likely to backfire to the cost of the wider community.

Read More

‘Go after the SMUGGLERS’

‘Go after the SMUGGLERS’

| February 1, 2018

One of the problems with going after tobacco smugglers in the Philippines is perhaps the already-overcrowded conditions within the country’s jails.

Read More

High taxes = low smoking

High taxes = low smoking

| January 31, 2018

The United Arab Emirates, which last year imposed a 100 percent excise tax on tobacco, has been told by a visiting US researcher that taxes should keep on rising.

Read More

Heated tax call

Heated tax call

| January 30, 2018

Heat-not-burn tobacco products have been referred to by an Irish politician as a ‘gimmick’. With a billion-dollar development program behind them, they comprise one impressive gimmick.

Read More

Taxing vapers

Taxing vapers

| January 25, 2018

Some people in Indonesia believe that the imposition of a 57 percent tax on electronic cigarettes could sound the death knell of this sector.

Read More

Sales, revenue down

Sales, revenue down

| January 25, 2018

South Korea’s revenue from cigarette taxes was down by 9.2 percent last year, on volume cigarette sales down by less than that amount.

Read More

Duty-free conference

Duty-free conference

| January 23, 2018

Dubai is to host this year’s Middle East and Africa Duty Free Association (MEADFA) Conference, which is due to be held next week.

Read More

E-cig, HNB excise opposed

E-cig, HNB excise opposed

| January 22, 2018

The EU Commission has done the right thing in opposing for now the imposition of excise tax on electronic cigarettes and HNB devices, both of which seem to offer health benefits.

Read More

Tobacco revenue increased

Tobacco revenue increased

| January 22, 2018

Tobacco excise is expected this year to contribute nearly 14 percent more to the Philippines’ government coffers than it did last year.

Read More

Relaxed over tax changes

Relaxed over tax changes

| January 19, 2018

Changes to the US federal corporate tax rate are expected to result in a benefit of less than one percent to Imperial Brands’ adjusted effective tax rate during its current financial year.

Read More

Illicit cigarettes lead market

Illicit cigarettes lead market

| January 18, 2018

Malaysia says that it is losing tax revenue to the illegal trade, but you cannot lose something you never had. In truth, Malaysia is forfeiting revenue by pushing tax rates too high.

Read More

Belarus upping production

Belarus upping production

| January 18, 2018

Belarus is apparently increasing its production of cigarettes and at least one EU member of parliament is not happy that some EU member states are the target markets for these products.

Read More

Blunt instruments preferred

Blunt instruments preferred

| January 15, 2018

In its quest to get people to quit smoking, the New Zealand government seems to be reverting to its tax-increase stick after having flirted briefly with the idea of e-cigarette carrots.

Read More

In principle yes; but…

In principle yes; but…

| January 12, 2018

Since when has it been reasonable for an ordinary EU citizen to have to resort to the courts to sort out the imprecise rules on carrying excisable goods between member states?

Read More

Tracking defended

Tracking defended

| January 11, 2018

In part, the EU defends its tobacco-products tracking-and-tracing system by citing obligations to a World Health Organization protocol that has received very little support.

Read More

Smoking creates poverty

Smoking creates poverty

| January 11, 2018

An official in Indonesia has called for less smoking and more meat eating to combat poverty and its effects. But many people believe that increasing meat-eating globally is not sustainable.

Read More

KT&G increases HNB price

KT&G increases HNB price

| January 10, 2018

Government-imposed taxes and sundry levies are pushing the prices of heat-not-burn products higher in South Korea.

Read More

BAT expects tax reduction

BAT expects tax reduction

| January 9, 2018

The US Tax Cuts and Jobs Act is expected to reduce British American Tobacco’s effective tax rate percentage for the year to the end of December 2018.

Read More

Keep digging

Keep digging

| January 4, 2018

Often, if a policy, such as an anti-tobacco policy, is seen not to have worked, the reaction is to call for more of that policy rather than a change to that policy.

Read More

Better times ahead

Better times ahead

| January 4, 2018

This year should be better than last year for Malaysia’s cigarette manufacturers and, therefore, for government revenues. Only the illegal trade is expected to lose.

Read More