Mastermind Tobacco says that the Treasury’s failed attempt to amend tax rules on cigarettes should not be blamed for lower-than expected tax revenues collected by Kenya Revenue Authority (KRA).
The company on Wednesday said that the Treasury’s hybrid system meant to introduce taxes based on physical size of cigarettes and retail selling price of cigarettes could not work because it created discrimination among cigarettes.
Showing posts with label cigarettes excise. Show all posts
Showing posts with label cigarettes excise. Show all posts
Wednesday, April 6, 2011
Cigarette tax uneven, says player
Labels:
cigarettes,
cigarettes excise,
retail selling price,
tax rules
Thursday, March 17, 2011
Major Tobacco Companies Back Bulgaria's Excise Policies
Leading international companies - Philip Morris, Bulgartabac Holding, British American Tobacco, Japan Tobacco International and Imperial Tobacco - have expressed their support for Bulgarian government's excise policies.
The general managers of Philip Morris Bulgaria, Bulgartabac Holding, British American Tobacco Bulgaria, Japan Tobacco International Bulgaria and Imperial Tobacco Bulgaria met Wednesday with Prime Minister Boyko Borisov, Finance Minister Simeon Djankov, and Customs Agency head Vanyo Tanov, and Angel Antonov, head of the Criminal Police Directorate.
The general managers of Philip Morris Bulgaria, Bulgartabac Holding, British American Tobacco Bulgaria, Japan Tobacco International Bulgaria and Imperial Tobacco Bulgaria met Wednesday with Prime Minister Boyko Borisov, Finance Minister Simeon Djankov, and Customs Agency head Vanyo Tanov, and Angel Antonov, head of the Criminal Police Directorate.
Labels:
black market,
cigarette contraband,
cigarettes excise,
finance minister,
illicit cigarette trade
Subscribe to:
Comments (Atom)

