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.
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.
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.