Gov’t raises tax on tobacco products

ghanaweb.com – 29 de Julio de 2015 – Ghana

Government is optimistic Parliament’s approval for an increase in the excise duty on tobacco products, from 150 percent to 175 percent of the ex-factory price, will further discourage consumption of the products.

Ghana’s excise tax, as a percentage of cigarette prices, is considered among the lowest in the West African sub-region.

Now Parliament has approved the Excise Duty (Amendment) bill, 2015, which sought to amend the 2014 Act and increase the duty on cigarettes and cigars.

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http://www.ghanaweb.com/GhanaHomePage/business/Gov-t-raises-tax-on-tobacco-products-371902