Tobacco Tax

Japan has been long considered as a smoker’s paradise but now Japanese government has been planning to take some very significant steps to remove this tag from their country.

Photo by ajpscs

And this Tuesday in a meeting the Japanese officials said that they are planning to raise the tax on tobacco and the implementation will start in the next year. The cabinet in that meeting approved the proposal that aims to hike the duty by 3.5 yen a cigarette.

This new proposal seems to fulfill the government’s plans to reduce smoking as the price of each cigarette will rise to quite a high amount. The move is expected to raise the price of each cigarette of about 5 yen and of that 1.5 yen would go to the makers and retailers. This rise will put Japan into the list of those developed countries which are putting high prices for the cigarettes.

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