Saturday 23 November 2024
 
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Tobacco tax

'Tobacco tax' may hit businesses in Bahrain

Bahrain may lose more than BD100 million ($265 million) every year if a controversial move to triple 'tobacco tax' is implemented, said a report. Most hit by the planned increase of 100 per cent to 300 per cent in import d

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New GCC tobacco tax ‘could fuel illicit trade’

A 100 per cent increase in duty on tobacco products in the GCC could fuel growth in illicit trade, beyond the control of police and customs authorities, as a consequence of an overnight rise in the cost of cigarettes, says a report.

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GCC plans 200pc hike in tobacco tax

GCC health ministers could soon approve increasing tax on cigarettes and other tobacco products by 200 per cent, a top Bahrain health ministry official said. The tax had been proposed by several anti-smoking societies in the region in

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