Royal Government of Cambodia is planning further increase of taxation on cigarette in order to discourage consumers, according to local media report.
The intention was revealed recently by the General Department of Taxation (GDT) of Ministry of Economy and Finance during its presentation of a survey in a recent event here at the Royal University of Phnom Penh.
The decision is backed by studies of the World Health Organisation (WHO) and World Bank (WB) suggesting that high taxation on the health-damaging product is the most effective measure in discouraging users.
As underlined by the general department's official, for the immediate step, between 20 to 30 percent of the tax on cigarette will be increased, while WHO and WB are proposing 70 percent.
Despite series of tax increase on cigarette in Cambodia, the country is still ranked with the lowest cigarettes tax rate in the region.
Source: Agency Kampuchea Press