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Macao to raise tobacco tax by 300% 

Jump to full article: CCTV International (CCTV-9) , 2009-05-01
Author: Source: Xinhua

Intro:

The government of Macao Special Administrative Region (SAR) Thursday announced that it has drawn up a bill proposing to increase the duty on cigarettes from 0.05 pataca (0.006 U.S. dollar) to 0.2 pataca (0.025 dollar) per stick, which is an increment of 300 percent.

It was also proposed in the bill that duty on tobacco and cigars be raised respectively from 20 patacas (2.5 dollar) to 80 patacas (10 dollar) per kilogram and from 70 patacas (8.9 dollar) to 280 patacas (35.4 dollar).

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