The Lebanese Tobacco and Tobacco Inventory Department, owns a monopoly over tobacco, subject to state control. The Minister of Finance has the right to decide on selling prices for exported tobacco and intermediary royalties.
Middle East
During an event titled "A Lifetime We Lived Together," Nassif Seklaoui, general manager of the Lebanese Tobacco and Tombacs Authority (RLTT), criticized ideas to raise tobacco taxes in order to increase state revenue.
On January 29, 2024, Ibrahim Al-Imbabi, head of the Chambers of Commerce's Tobacco Division, declared on the "Hazrat Al-Muwatin" program that efforts are being done to alleviate Egypt's cigarette price crisis.
The National Bureau for Revenue (NBR) has announced that the final phase of the Digital Stamp Scheme will begin on December 24, 2023.
During the most recent legislative session, MP Talal Ensour, chair of the parliamentary energy and mineral resources committee, requested the government to look into alternatives to the lump sum gasoline tax.