Govt raises taxes on alcohol, cigarettes | Bangkok Post: news

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Govt raises taxes on alcohol, cigarettes

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Sin taxes for liquor and cigarettes were increased yesterday, with government officials projecting the tax hikes will generate an additional 12 billion baht in revenue for the state each year. 

Benja: Tax hikes ‘relatively limited’

The boost in excise taxes for liquor and cigarettes is also expected to help reduce consumption by increasing consumer prices.

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