• Bill On Alcohol, Tobacco And Luxury Taxes 

The Mozambican parliament, the Assembly of the Republic, on Thursday passed the first reading of a government bill amending the rates of the Specific Consumption Tax (ICE).

This is a tax charged on goods damaging to health (such as tobacco and alcohol) and on luxury goods. It is charged in addition to the standard 17 per cent rate of Value Added Tax (VAT).

The government argues that the main purpose of such a tax is to discourage consumption of tobacco and alcoholic drinks. It also assists in redistribution by imposing a heavy tax on those who can afford luxury goods.

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