GCC states approve 100% selective tax on tobacco

Gulf Cooperation Council (GCC) states have agreed to impose a “100 percent selective tax” on tobacco and related products, equal to the customs duties on such products, state-owned Kuwait News Agency (KUNA) reported quoting the country’s finance minister, Anas Al-Saleh.

The decision was taken on the recommendation of the teams studying the Gulf customs union and the GCC unified tax system.

Al-Salah, also Kuwait’s deputy prime minister, said the GCC ministers also approved a draft law on protection of consumer rights.