Egypt’s smoke cigarettes division at the Federation of Egyptian Industries officially increased the prices of cigarettes Sunday, two days after applying the new value-added tax law, Youm7 reported Monday.
In February 2015, the government raised sales taxes on both local and imported cigarettes by 50 percent, according to a Sunday presidential decree. Last July, President Abdel Fatah al-Sisi raised taxes on local and imported cigarettes and alcoholic beverages by up to 200 percent.
