Category: Tax

Peru increasing taxes

Peru increasing taxes

| May 11, 2018

The government of Peru is targeting tax increases at products whose use carries health risks. But unlike in many other countries, it is not only cigarettes that are in the frame.

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Illegal trade rising

Illegal trade rising

| May 3, 2018

If governments believe they can force people to quit smoking completely by increasing the prices of cigarettes, they must believe also that tobacco addiction is not strong.

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Illegal trade alarming

Illegal trade alarming

| May 3, 2018

One of the consequences of tax ‘manipulation by certain players’ is that South Africa’s licit, tax-compliant tobacco sector is losing market share to the illicit sector ‘at an alarming rate’.

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Regulations enforced

Regulations enforced

| April 30, 2018

Tobacco distributors in the US will have to pay particular attention to their record keeping as an existing law is enforced more aggressively.

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Passing the butt

Passing the butt

| April 26, 2018

If civic-minded citizens didn’t pay for the costs created by those less civic-minded, there would be no tobacco-company donations to the EU for fighting the illegal trade – and no prisons.

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Reduced risk on hold

Reduced risk on hold

| April 20, 2018

The Malaysian arm of British American Tobacco has put the launch of reduced risk products on hold while it sees which way the regulatory wind is blowing.

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E-cig crackdown coming

E-cig crackdown coming

| April 19, 2018

Those opposed to the excessive use of electronic cigarettes among young people should define what they mean by ‘excessive’ use and, therefore, what they think is acceptable use.

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Meaty enterprise

Meaty enterprise

| April 19, 2018

Somebody once said that there were two things that you should never watch being made: one was sausages; the other was legislation. That person was clearly right in the case of the former.

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New taxes opposed

New taxes opposed

| April 18, 2018

The Nigerian government is coming under pressure because of a planned three-year program of tax increases on tobacco products and alcohol.

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Smuggling proliferating

Smuggling proliferating

| April 17, 2018

It has become known that cigarette smuggling is a major issue in the Philippines because the big tobacco manufacturers are complaining.

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The price of Brexit

The price of Brexit

| April 17, 2018

A major opportunity is arising for an entrepreneur to start or enlarge a cigarette factory in the UK, with its major brand perhaps being linked to the Brexit name.

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Exports plunge

Exports plunge

| April 16, 2018

South Korea’s overseas sales of cigarettes, which had been climbing steeply in recent years, have taken a knock from a huge tax increase imposed by its major export customer.

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Tariff threats ‘troubling’

Tariff threats ‘troubling’

| April 5, 2018

It is often the cry of businesses and industries that ‘change’ should be warmly embraced because it leads to new opportunities. But change trade tariffs and the reaction is different.

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Tax relief not justified

Tax relief not justified

| April 5, 2018

It must be difficult to devise rational, cigarette-trade policies when one group puts the illegal trade at more than 40 percent of the market and another group puts it at under nine percent.

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Still waiting for Godot

Still waiting for Godot

| April 4, 2018

The main weapon for battling the illegal trade in tobacco products seems to be locked away in an international protocol that was adopted in November 2012 but that has yet to enter into force.

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Illegal trade doubled

Illegal trade doubled

| April 4, 2018

The illegal trade in cigarettes in Thailand more than doubled recently and illicit cigarettes are expected to become a rising force in the future. It’s predictable given the country’s tax policies.

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Agitation threat in Pakistan

Agitation threat in Pakistan

| April 3, 2018

Tobacco growers in Pakistan are threatening to start a campaign of agitation unless the government changes its stance on tobacco imposts.

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Illegal trade at 16 percent

Illegal trade at 16 percent

| March 16, 2018

Stories about the illegal trade in tobacco products tend to emphasize the costs of this trade, but nothing will change unless the causes of it are addressed honestly.

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Reducing risk reduction

Reducing risk reduction

| March 14, 2018

The UK government has for some time acted in harmony with the tenets of harm reduction; but now, desperate for revenue, it has introduced a dissonant note.

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Pyrrhic victory

Pyrrhic victory

| March 14, 2018

Lobbyists in Israel have succeeded in forcing Finance-Committee approval for taxing heated-tobacco products at the same rate as cigarettes. The question is: why?

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