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Maldives to Fund Smoking Cessation Programs with Increased Tobacco Tax Revenue
President Dr. Mohamed Muizzu announced that additional revenue from a tobacco tax hike will fund smoking cessation programs and treatment of smoking-related illnesses. The government doubled the ad valorem tax on cigarettes and tobacco products from 50% to 100%, raising retail prices.
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from 50% to 100%ad valorem tax on cigarettes and tobacco productsThe StandardThe government has doubled the ad valorem tax on cigarettes and tobacco products from 50% to 100%, leading to an increase in retail prices.
Word for word from the report in The Standard. Open the report