Tag: GCC

GCC finance ministers approve tax on tobacco

GCC finance ministers approve tax on tobacco

| November 11, 2015

Finance ministers of the Gulf Cooperation Council (GCC) states approved imposing a 100 percent selective tax on tobacco and related products equal to customs duties of these products, according to the Bahrain News Agency. The decision was taken upon a recommendation from the third meeting of representatives of the GCC customs union and a team […]

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