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Cigarette makers are facing the prospect of higher taxes in the next budget, with some experts pushing for increase in levies to raise more revenue. Traditionally, the government targets sin tax from cigarette and alcohol to increase revenue. The
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Prior to the ban on Friday, people were allowed to sell six-litre plastic containers with alcohol. Why anybody would want to buy that for their own consumption is a mystery to me. According to various media reports, the alcohol black market saw its
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Utilities bills, alcohol andtobacco prices andparking fines shot up Sunday under government initiatives that few doubt are unnecessary but hold thepotential offueling discontent against theKremlin. Thegovernment is keeping anespecially close eye
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After long winter holidays Russians may have to go cold turkey. There is expected to be a shortage of low-alcoholic drinks as the Government has so far failed to give its approval to new regulations for excise stamps...The change in the law was part
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Y Finance October 4, 2011, Tuesday 7 views A number of Bulgarians have given up smoking due to higher cigarette prices since the beginning of 2010. File photo Bulgaria's Customs Agency have collected in the first nine months of 2011 21% more in
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The stamp is designed to fight cigarette sales/excise tax evasion. The state has estimated that cigarette-related tax evasion costs California an estimated $182 million annually. The BOE-approved tax stamp is designed to make it more difficult to
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Border police at the railway border crossing with Montenegro seized a large amount of cigarettes with the help of local Prijepolje police. republic consisting of the Republic of Serbia and the Republic of Montenegro .
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Rating Cigarette smuggling into Kenya is on the upsurge, exposing local manufacturers to unfair competition and denying the government a huge source of revenue. This year the Kenya Revenue Authority (KRA) has seized three consignments of cigarettes
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Aquino III, the presidential front-runner in the May 10 polls, to look closely at how government can use technology in enhancing collection of the excise tax...Given the limited time, the project can be continued [by the next administration]," Teves
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From April 1 2010, shops can only sell cigarettes with the new excise stamps and anyone caught selling cigarettes at their old price will face sanctions of up to 2000 leva. The cigarette packets with old excise stamps will be destroyed. This means
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