The South Korea government succeeded to accumulate an overall of 4.3 trillion won taxes because of the enactment of the cigarette price increase in January this year.
The Korea Tax Internet, a local non-government business aimed at guarding taxpayer’s legal rights, disclosed that an entire of 3.3 billion cigarette packages are required to have been sold this year, as revealed by the Korea Times Sunday. This ended in the government acquiring an extra 11 trillion won in taxes, increasing the entire tax collectibles to about 4.3 trillion this year.
Movies produced in other countries are much more likely to illustrate smoking than movies produced in the United States, a new study confirms.
Malaysia on Wednesday has increased cigarette taxes by over 40 %, a step which British American Tobacco Malaysia (BAT Malaysia) explained as an “unprecedented huge boost in cigarette excise”.
The poor man’s smoke, cheap tobacco wrapped in a coarse leaf, the bidi cigarette is the fragrance of the jumbled streets of India. It’s something rarely present in the comfort of air conditioned rooms. The scent of the bidi swirls around you when stepping into an auto rickshaw — flavors include chocolate, cherry and cinnamon — or walking through an alley, past a group of day laborers. More than four million Indians make bidi cigarettes for a living, some 90 percent of them in homes or small workshops. Photographs by Udit Kulshrestha for Bloomberg.
Imperial Tobacco’s otherwise good results in the past three quarters were held back by the deteriorating political and security situation in Iraq.
Imperial Tobacco, the world’s fourth giant cigarette producer, has raised its entire year dividend by 10% even with volumes decreasing by 7%.
The tobacco industry generates the Japanese government about $19 billion per year in taxes, practically 3 % of the government’s entire earnings.