Togo: Government raises taxes on alcoholic drinks and tobacco products  

Public finance
Friday, 18 January 2019 15:33
Togo: Government raises taxes on alcoholic drinks and tobacco products  

(Togo First) - Togo’s government has under the new tax regime, effective since January 1, 2019, raised taxes on some products like alcoholic drinks and tobacco products.

In detail, the new general tax code stipulates that excise duty on alcoholic drinks is 50%. This is 15% more than the tax imposed the year before.

Similarly, tax on tobacco products has been increased to 40%, up 5% compared to 2018.

According to tax expert Coco de Souza, increasing these taxes aim at reducing the excessive consumption of these products as cigarette and alcoholic drinks producers keep prospering in the country. This, despite the multiple sensitization campaigns carried out by authorities and civil society organizations to inform populations about the negative impacts of abusing the products.

Séna Akoda

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