BRIEF – Domestic cigarette and alcohol taxes set

Burma’s Union Parliament will set a duty tax on domestic cigarette brands at 100 percent, while liquor, beer and wine rates will be 50 percent, as originally proposed in the Union Taxation Bill. Lower house member Khin San Hlaing proposed on 10 March that the taxes be increased to 200 percent to reduce consumption. Finance Minister Win Shein argued that setting the tax high may lead to more tax evasions, hence the Parliament decided to stick with the rates proposed in the 2014 bill, which will be applied for the 2014-15 fiscal year as of April.