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Headlines Tagged with Tax 26,118 headlines found

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CORRECTED-India's ITC Q1 profit rises 10 pct, beats estimates

India’s biggest cigarette maker ITC Ltd posted a better-than-expected 10 percent rise in first-quarter profit on Thursday, as the company paid a significantly lower excise duty, a tax on manufactured goods.
Reuters
added Jul 27, 2018 21:41
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Altria Reports 2018 Second-Quarter and First-Half Results; Tightens 2018 Full-Year Earnings Guidance

Our core tobacco businesses performed well as they continued to make strategic investments in support of their long-term objectives. Of course, our results benefited from a lower corporate tax rate,” said Howard Willard, Altria’s Chairman and Chief Execut
Business Wire
added Jul 27, 2018 18:55
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[California, Florida] Western Mono Tribe Challenges Tobacco Taxes, Regulations In Complaint ($$)

Efforts by California Attorney General...Becerra to enforce various state laws implementing a tobacco [MSA] on a federally chartered corporation owned by the Big Sandy Rancheria Band of Western Mono Indians were challenged by the tribe in a July 13 compla
Lexis Nexis
added Jul 27, 2018 18:02
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“Sin” taxes—eg, on tobacco—are less efficient than they look / But they do help improve public health

Lifelong smoking will bring forward a person’s death by about ten years, which means that smokers tend to die just as they would start drawing from state pensions. In a study published in 2002 Kip Viscusi...The Institute of Economic Affairs, a free-market
The Economist
added Jul 27, 2018 14:23
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Association between tax structure and cigarette consumption: findings from the International Tobacco Control Policy Evaluation (ITC) Project

The results are consistent with existing evidence and suggest that a uniform and specific tax structure is the most effective tax structure for reducing tobacco consumption.
Tobacco Control
added Jul 27, 2018 04:42
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[Korea - South] Sales down, revenue up

Sales of cigarettes in South Korea during the first six months of this year were down by 1.6 percent on those of the first half of last year, according to a Yonhap News Agency story citing data compiled by the finance ministry. South Korean smokers boug
Tobacco Reporter
added Jul 26, 2018 12:04
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[New York, Pennsylvania] Tobacco 'Sin' Tax Unreliable, Study Finds

The research found that with tobacco, the funds levied for state budgets ultimately diminishes as people buy or use less of the targeted products. Similarly, state revenue growth from taxes on alcohol and gambling is unlikely to be sustained due to how t
CSP News (Convenience Store/Petroleum)
added Jul 26, 2018 12:04
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Analysis of Article 6 (tax and price measures to reduce the demand for tobacco products) of the WHO’s Framework Convention on Tobacco Control [FREE FULL TEXT]

While there has been some improvement in tobacco tax policy over time, parties should adopt stronger tax measures, despite industry opposition and threats about illicit trade. Parties should implement FCTC Article 5.3 and ratify the Protocol to Eliminate
Tobacco Control
added Jul 26, 2018 00:31
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[New York] KADET: The Rising Cost of Cigarettes Doesn’t Stop All Smokers [FREE FULL TEXT]

It won’t be easy. I spent a morning last week chatting with smokers on Wall Street who were puffing in front of their office buildings. Of the 10 I interviewed, only two said they paid full price for cigarettes at the store. One woman said she made regul
The Wall Street Journal Interactive Edition
added Jul 25, 2018 22:57
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[New York] KADET: The Rising Cost of Cigarettes Doesn’t Stop All Smokers

New York City raised the minimum price of a pack of cigarettes from $10.50 to $13—the highest in the nation. But that hasn’t stopped my neighbor, John Melia, from merrily puffing away. A self-described “proud smoker,” he says there’s nothing better than
The Wall Street Journal Interactive Edition
added Jul 25, 2018 00:56
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