cigarettes

Egypt increases tax on cigarette, alcohol

: Monday, July 07 - 2014 @ 03:40

Egypt’s president has issued a decree increasing sales tax on cigarettes, beer and wine, the latest in a series of price hikes that aim to ease the country’s staggering budget deficit, the Associated Press has reported. The decision increases a flat tax on local and imported cigarettes to between 25 and 40 cents per pack, depending on the brand. It doubles an already existing tax on beer, from 100% to 200%, and increases the tax on local and imported wines to 150%.

Today's Top Stories

Posted by

Monday, July 7- 2014 @ 3:40 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services







Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically






JobsVIEW ALL

Search for jobs

Latest Jobs