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• China Raises Tobacco Charges to Increase Revenue, Tax News Says 

China raised tax on cigarette cartons costing 70 yuan ($10.24) or more to 56 percent from 45 percent to increase revenue, China Tax News reported, citing the government.

The duty on lower-priced cigarettes will rise to 36 percent from 30 percent, according to the newspaper report, posted on the State Administration of Taxation’s Web site yesterday. The levy on cigars will rise to 36 percent from 25 percent, it said.

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