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Parliament should have a formula for regulating cigarettes
(Colombo: Verité Research, 2014-06)
Variations in the tobacco excise tax affects Rs. 10s of billions in government revenue. Taxation and pricing have been inconsistent. This insight explains how the lack of a consistent method allows wide discretion to ...
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 ...