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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

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.

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.