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Peru's Health Ministry proposes a 200% tax on tobacco and cigarettes 

Jump to full article: Living in Peru.com (blog), 2010-01-13
Author: LivinginPeru.com Isabel Guerra

Intro:

Peru's Health Minister, Óscar Ugarte, presented a bill that aims to rise the selective consumption tax (ISC) on tobacco and cigarettes from 30% to 200%.

“We are proposing this increase in order to discourage the consumers from buying tobacco and cigarettes,” says Ugarte, who also thinks that “this will slowly reduce the demand of tobacco.”

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