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The Senegalese League Against Tobacco (LISTAB), in a statement sent to Senego on Tuesday, welcomes the Government's decision to increase the excise duties applicable to tobacco by 20%. This sharp rise from 45% to 65% had a significant impact on cigarette prices. Prices have risen on the market since Monday, July 16, 2018. In addition, Listab encourages the government to further increase the measures that could have significant impacts in the decline of tobacco consumption in Senegal.
the statement, " this decision of the State of Senegal emanates from the new directive n ° 01/2017 / CM / UEMOA of 22 December 2017 of UEMOA on the harmonization of
legislation on excise duties applicable to tobacco by the eight member countries of WAEMU ".
The Senegalese League against Tobacco (Listab) welcomes this decision, and encourages the State of Senegal to go further in this direction to reduce tobacco consumption in Senegal.
"We ask the Ministry of Economy and Finance to take any appropriate regulatory action to preserve this price increase to prevent tobacco industry
from absorbing it into their profit margins as they have had to do in the past ", indicates the same source.
Listab is aware that "the best measure to bring down the prevalence of tobacco is to raise taxes, and that to have a real impact on the decline in consumption any
increase must be based on sales prices. "
For this, it encourages " the government of Senegal to go even further in its policy of tobacco taxation in appl also mentioning the ECOWAS Directive which includes a specific tax in addition to the ad valorem tax. "
According to the communiqué, " in the countries of ECOWAS, the total taxes, excluding VAT, represents only 30% of the average selling price of cigarettes, while it is 62% on average in the countries of the European Union (EU) ". Yet adds the communiqué "the rate of taxes outside the VAT established by the WHO Framework Convention against Tobacco is 70%."
This means the rate of taxation is very weak in the space Cedeao. The Listab requires that "the taxes that are applied on tobacco products represent 70% or more of the
value of the products."
However, it advocates an application "Joint of the two directives of ECOWAS and UEMOA. "
The Listab closes this communiqué by giving the total amount of tobacco to the Senegalese company each year, which is 98 billion CFA francs. [19659016]
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