Market Report, "Cigarettes in Israel", Published
In May 2013, the Minister of Finance signed an executive order regarding an immediate tax increase on all tobacco products as part of the national budget estimate for 2013/2014. The tax rate on cigarettes was raised from a minimum of NIS12.17 per pack (20 sticks) to NIS15.00, thus increasing unit price by NIS2.50- 3.50 per pack of 20 sticks. This increase was the third since January 2012, leading to an aggregate rise of NIS5.50-6.00 per pack. Currently, the tax component...
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