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Expert recommends raising tobacco tax and correlating tax rate with price

May 31st, 2011
by Editor.

05/31/2011, Economic Information Daily, 40 media hits — May 31 is World No Tobacco Day, and using taxes to control tobacco has stirred a heated debate once again. During an interview Doctor Hu Linlin, member of the “China Cigarette Tax” research group and Strategy Consulting Research Center, Chinese Academy of Governance, told an Economic Information Daily reporter that he has recommended raising the Class II cigarette tax rate 10% this year, bringing the excise tax on one pack of cigarettes up to CNY 0.5 from the current CNY 0.06. Hu has also recommended linking the tax rate to the retail price.

Posted in: Tobacco Tax.

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