Category: Tax

Taxes up

Taxes up

| February 19, 2020

The Ethiopian Parliament passed legislation to curb smoking in the country, according to the World Health Organization (WHO).

Read More

Russia hikes taxes

Russia hikes taxes

| January 2, 2020

The Russian government has raised the excise duties on tobacco products.

Read More

Turkey shelves tax hike

Turkey shelves tax hike

| January 2, 2020

Turkey will refrain from hiking tobacco and alcohol taxes in the first half of 2020.

Read More

BAT cleared of tax-evasion charges

BAT cleared of tax-evasion charges

| December 25, 2019

A South Korean court has acquitted British American Tobacco from charges of tax evasion, citing lack of evidence.

Read More

PM fined for tax evasion

PM fined for tax evasion

| December 2, 2019

Thailand’s Criminal Court on Nov. 29 fined Philip Morris (Thailand) THB1.2 billion ($39.63 million) for evading taxes.

Read More

Engaging in dialogue

Engaging in dialogue

| November 11, 2019

Ukrainian President Volodymyr Zelensky met with representatives of the country’s largest tobacco manufacturers in Ukraine to discuss the challenges facing their business.

Read More

Farmers decry tax hike

Farmers decry tax hike

| October 25, 2019

Indonesian tobacco farmers say demand for their leaf has declined ahead of tax and price hike schedule for 2020.

Read More

Temporary reprieve

Temporary reprieve

| October 16, 2019

Thailand’s excise department will temporarily reduce a tobacco tax from THB0.10 to THB0.03 per gram for one year, starting Jan. 1, 2020.

Read More

Referred to court

Referred to court

| October 16, 2019

The European Commission has referred Hungary to the EU Court of Justice for failing to apply the minimum EU excise duty on cigarettes.

Read More

Revenue target exceeded

Revenue target exceeded

| October 15, 2019

The Philippines collected PHP8.1 billion ($156.9 million) in tobacco excise taxes during the first half of 2019, 32.8 percent more than the government’s target.

Read More

Gold pot found

Gold pot found

| October 9, 2019

The government of Ireland has increased the excise duty on a pack of 20 cigarettes by €0.50.

Read More

BAT accused of tax evasion

BAT accused of tax evasion

| September 23, 2019

Dutch authorities are pursuing BAT for £902 million in unpaid taxes, accusing the cigarette maker of avoiding tax on money channeled through the Netherlands.

Read More

Tax hike criticized

Tax hike criticized

| September 17, 2019

Indonesia’s planned tax hike will encourage illicit manufacturing and threaten jobs, according to industry representatives.

Read More

Tax hike announced

Tax hike announced

| September 16, 2019

The government of Indonesia will raise the excise tax on tobacco by 23 percent and the minimum retail price by 35 percent next year.

Read More

Funding healthcare shortfall

Funding healthcare shortfall

| August 2, 2019

A proposed increase in taxes on alcohol, heated tobacco products and e-cigarettes in the Philippines will raise close to PHP370 billion ($7.17 billion)—enough to cover the funding gap for healthcare services.

Read More

Smoking rate falling slowly

Smoking rate falling slowly

| June 3, 2019

China has seen a modest drop in the incidence of smoking in recent years, but there is a long, difficult road ahead given that tobacco provides huge and predictable government revenues.

Read More

Cigarette sales down

Cigarette sales down

| March 29, 2019

While sales of combustible cigarettes in South Korea are going down, sales of heat-not-burn products are headed in the other direction.

Read More

Andorra raises price issue

Andorra raises price issue

| March 26, 2019

A question has been raised about tobacco-product prices as Andorra moves toward deepening its trading relationship with the EU.

Read More

Taxing balancing act

Taxing balancing act

| March 22, 2019

Indonesia’s Finance Minister has spoken honestly to young people about the dilemma that tobacco raises in a country where it is economically important but destructive health-wise.

Read More

Swings and roundabouts

Swings and roundabouts

| March 18, 2019

In Indonesia, which has a huge domestic tobacco industry that is a vital source of employment, the Government must walk a fine line between tobacco’s benefits and costs.

Read More