The tax increase is reportedly necessary because the EU minimum tax is set in euros.Read More
Critics warn that the hike will boost the country's already-thriving illicit tobacco market.Read More
The import duty on e-cigarettes will be raised from 5 percent to 25 percent.Read More
Tax authorities have filed 69 complaints for tax evasion worth PHP1.8 billionRead More
But opinions differ as to how much the fiscal measure has boosted illicit cigarette sales. Read More
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Illicit Trade
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Pakistan Tobacco Trims Output as Illicit Trade Booms After Tax
The firm intends to re-export unused cigarette machines. Read More
Nepal is looking to boost a budget hit by the Ukraine war and Covid-19. Read More
Raising duties are the only solution to protect youth from the harmful effects of smoking, says Heart Association.Read More
The government dismissed concerns about black market sales. Read More
The finance minister confirmed commitment not to impose new or increased taxes.Read More
