Search
Now showing items 1-2 of 2
Cigarette Tax Indexation, Getting It Right and Getting It Wrong
(2019-08)
The article tackles the cigarette tax indexation policy introduced with Sri Lanka’s 2019 Budget: where annual increases to the cigarette excise tax (a tax exclusive to cigarettes) will be based on inflation and income ...
A Technical Case for Affordability-Based Pricing of Cigarettes
(Colombo: Verité Research, 2014-09)
By 2014, tax revenue from cigarettes accounted for over 4.9% of total government revenue. However, thus far, Sri Lanka’s tax adjustments have been ad hoc, and driven by political and bureaucratic discretion rather than a ...