According to amendments to the second reading of a bill on changes to the Russian tax system, which TASS has in its possession, the Russian government plans to raise excise taxes on tobacco products by an average of 4.7% in 2025.
Read moreTag Archive for: Tobacco Tax
The price of a 20-cigarette pack in the Netherlands has risen to approximately €11.10, following an almost €1 increase in April due to government measures aimed at discouraging smoking. Similarly, a packet of rolling tobacco saw a €3.60 price jump to around €24. These increases reflect a significant tax component, with around €7.81 per cigarette pack now attributed to taxes, according to finance ministry figures.
Read moreExperts Highlight Benefits of Higher Tobacco Taxes at Workshop in Phnom Penh
The World Health Organisation (WHO) and the Cambodia Movement for Health Organisation (CMH) jointly organized a workshop at the Royal Academy of Cambodia in Phnom Penh, where they called upon the Ministry of Economy and Finance to increase tobacco taxes. The organizations emphasized that Cambodia’s current tobacco tax rates of 25% on domestic cigarettes and 31% on imported cigarettes are relatively low, making cigarettes more affordable and encouraging young people to take up smoking.
Read moreDraft Financial Management Law Proposes Higher Taxes on Tobacco and Beer, Receives Support from Health Advocates
According to the draft of Cambodia’s Financial Management Law for 2023, the government plans to increase tax rates on tobacco and beer starting in 2023 to boost national revenue. The proposed legislation also outlines a series of tax incentive policies, including measures to support the recovery of sectors affected by the pandemic, such as the tourism industry.
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