Category: Tax

Russia goes for DIY tobacco

Russia goes for DIY tobacco

| November 29, 2017

Some people in Russia are said to be smoking tobacco grown in their own gardens. Growing tobacco is relatively easy, but growing tobacco and processing it into a smokable product is more difficult.

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TTM workers protest

TTM workers protest

| November 27, 2017

Workers at the Thailand Tobacco Monopoly have protested outside the Finance Ministry over the imposition of a new excise-tax structure that they believe will cost some of them their jobs.

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Call for excise tax hike

Call for excise tax hike

| November 27, 2017

What is the difference between banning cigarettes and raising the excise tax on them so that their prices become unaffordable?

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Tax change hits local sales

Tax change hits local sales

| November 24, 2017

Thailand’s Finance Ministry could be seen to have scored an own goal by changing the country’s tobacco-tax structure in such a way as to undermine local sales.

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Minimum pricing mooted

Minimum pricing mooted

| November 24, 2017

After a long battle with the drinks industry, the way has been cleared for the Scottish government to introduce minimum alcohol prices. Is it now the turn of the tobacco industry?

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Young buy into illegal trade

Young buy into illegal trade

| November 24, 2017

Those setting cigarette tax rates in the UK must surely pause for thought when they learn that people aged 14 to 15 are being drawn towards the illegal tobacco trade.

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TFWA has new website

TFWA has new website

| November 24, 2017

The Tax-Free World Association’s redesigned website is said to provide improved integration with social media.

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UK taxing the poor

UK taxing the poor

| November 23, 2017

Once again, UK smokers, many of whom are financially poor, are being forced by the Chancellor to pay more than their fair share to the government’s coffers.

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Teenage smoking plummets

Teenage smoking plummets

| November 20, 2017

The availability of electronic cigarettes is one of the reasons given for a drop in smoking in New Zealand; a drop that has been most marked among teenagers.

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Tax revenue to help elderly

Tax revenue to help elderly

| November 17, 2017

Thailand is to earmark two percent of its revenue from alcohol and tobacco excise taxes to help its financially-impoverished senior citizens.

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Prices thrown into pot

Prices thrown into pot

| November 14, 2017

Questions are being raised in Canada about whether a similar pricing strategy to the one being suggested for legal marijuana should be applied to tobacco.

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E-cig tax hike coming

E-cig tax hike coming

| November 10, 2017

The government of South Korea is having to guard against bulk buying and hoarding after it was decided to hike the taxes on heat-not-burn sticks.

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Mighty rise in tax receipts

Mighty rise in tax receipts

| November 9, 2017

The Philippines’ Department of Finance says that it expects JTI Philippines to pay about P2 billion more a month in taxes than was paid by the company it took over, Mighty Corporation.

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England to quit by 2040

England to quit by 2040

| November 9, 2017

The end game is in sight. England could quit smoking by 2040 according to a new report prepared for Philip Morris Ltd; or it could quit by 2029 given certain interventions.

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Tax increase ‘effective’

Tax increase ‘effective’

| November 7, 2017

It seems premature to claim that a 2015 tax hike in South Korea was effective in reducing the incidence of smoking among low-income earners. Their numbers increased last year.

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Call for tobacco-duty freeze

Call for tobacco-duty freeze

| November 7, 2017

Seventy-six percent of people in the UK believe that tobacco taxes there are at about the right level or too high, indicating perhaps that the public recognizes that enough is enough.

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Indonesia to tax e-liquids

Indonesia to tax e-liquids

| November 6, 2017

A tax is being imposed on e-liquids sold in Indonesia partly on the grounds that the ‘main ingredient of vape liquid is tobacco’.

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BAT leaving Philippines

BAT leaving Philippines

| November 6, 2017

Given BAT’s small-scale operation in the Philippines, the highly consolidated nature of the market there and the lack of inorganic opportunities, the company is taking its leave.

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Illegal trade boosted

Illegal trade boosted

| October 26, 2017

The illegal trade in cigarettes, which in 2016 accounted for 12.1 percent of the Indonesian market, will be given a boost by tax hikes in the pipeline.

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Illegal trade undercut

Illegal trade undercut

| October 24, 2017

One way to beat the illegal trade in cigarettes is to offer smokers licit products that sell for the same price as illicit ones; as has been happening in Morocco.

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