Malaysia imposes excessive tax increases on the tobacco industry

According to news from the U.S. Tobacco Business Network, in order to curb public smoking rates and increase the government’s fiscal revenue, the Malaysian government increased cigarettes again in 2015 on the basis of a 12% increase in cigarette taxes 1 year ago (November 2014). The tax rate of the product has increased significantly by 40% on the basis of 2014.

In this regard, some analysts in the tobacco industry in Malaysia pointed out that it is impossible to imagine how the 40% tax rate on cigarette products will have any negative impact on the industry, and it is still impossible to determine whether the government’s method of increasing taxes and increasing the retail price of cigarettes is Can achieve the purpose of tobacco control.

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