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Egypt Raises Rate Of Tax On Cigarettes

Lorys Charalambous, Tax-News.com, Cyprus

26 February 2015


The Egyptian government has raised the sales tax on both local and imported cigarettes.

The move is the latest in a series of tax increases aimed at boosting revenues to tackle the budget deficit.

This is the third time in a year that cigarette tax has been raised. The greatest increases will apply to premium brand imported products, which will see prices per pack rise by at least EGP0.20, while locally manufactured cigarettes will see a lesser impact, with prices rising by at least EGP0.07 per pack.

TAGS: tax | sales tax | public health | budget | health care | Egypt

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