“The Tax Authority published a list of updated prices with the aim of ending disparities in the price of tobacco products in the domestic market. According to a report by parliament’s planning and budget committee sent to Ahram Online, the new amendments are in line with Egypt’s economic reform procedures, which aim to balance the public budget by keeping the targeted deficit rates. It also pointed out that the proliferation of electronic cigarettes has affected tax revenues negatively given that this kind of smoking had not been regulated, and that taxes will be imposed on e-cigarettes for the first time. The parliament also imposed a fixed scheduled tax on electronic cigarettes worth EGP 2 per milliliter of the smoking liquid in accordance with international standards.”
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Taxes raised on all tobacco products in Egypt
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