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Russian Beer Tax Hikes Slash Industry Profitability 5/11/2012 Beer manufacturer Carlsberg has reported that its pre-tax profits for its Russian
business has all but evaporated during the first few months of this year, on the
back of steep alcohol tax hikes introduced at the start of 2012.
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UAE To Hike Tax On Tobacco 2/6/2012 The UAE has proposed a nationwide tax on tobacco products and its derivatives in an attempt to reduce the sale of cigarettes across the Emirates.
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Indonesia Increases Cigarette Taxes 11/28/2011 With effect from January 1, 2012, the Indonesian government has decided to increase
the excise tax on cigarettes next year by an overall 15%, with the intention,
it was said, both to discourage smoking and to increase tax revenue.
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'Fat Tax' Debate Lands In Australia 10/7/2011 In the week that Denmark imposed a ‘fat tax’ on food and it has been suggested that Britain and France could follow suit, a visiting American obesity expert has called on Australia to start taxing soft drinks.
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UK Could Introduce 'Fat Tax' 10/6/2011 A 'fat tax' is something the UK government will look at as it considers ways to tackle the country's problem with obesity, according to Prime Minister David Cameron.
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France Mulls New Health Tax 10/6/2011 The French government is currently considering the idea of doubling the proposed
tax on sugary drinks to finance a reduction in social contributions in the agricultural
industry.
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France Unveils 2012 Budget Bill 10/3/2011 French Budget Minister and government spokesman Valérie Pécresse
and Finance Minister François Baroin have recently unveiled details of
the country’s 2012 finance bill, providing for a net increase in fiscal
revenues of 7.5% to EUR273.1bn, and, crucially, for the introduction of a temporary
‘exceptional contribution’ on top income earners in France.
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Finland's 2012 Budget Shifts Taxation Focus 9/19/2011 Finland’s government has unveiled details of its 2012 budget proposal,
providing for cuts in expenditure of around EUR1.1bn (USD1.5bn), and for a raft of fiscal
measures aimed at shifting the focus in taxation away from labour and entrepreneurship,
towards environmental and health-based taxation.
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