Categories · Business (Tobacco)
· Tax
non-USA, by Country · Rwanda
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Jump to full article: The New Times (rw), 2007-03-21 Author: RICAHRD MULIISA
Intro: Amidst claims of profitability on the market, Bat-Rwanda has felt a pinch, due to the high taxation imposed on its products by the government.The country’s biggest cigarette manufacturing company, with over 84 per cent market share in the country, has expressed dissatisfaction about the country’s tax regime. At a press conference held Monday March 19, at Hotel Mille Colline, Kigali Eric, Badibanga, Bat-Rwanda Managing Director said that taxation may not impact on cigarette smoking.
He was reacting to claims that the government strategy to increase excise duty on cigarettes [by 100 per cent] in 2007 budget clings on the conviction that the initiative would reduce smoking.
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