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Égypt-actus
revue de presse sur l'actualité culturelle, archéologique, politique et sociale de l'Égypte
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Le directeur de l'autorité fiscale égyptienne : "Il n'y aura aucune augmentation de prix de vente des cigarettes."

Le directeur de l'autorité fiscale égyptienne : "Il n'y aura aucune augmentation de prix de vente des cigarettes." | Égypt-actus | Scoop.it

There are to be no increases in the retail prices of cigarettes, according to Egyptian Tax Authority head Mamdouh Omar. He added that manufacturing and import companies for the goods will be responsible for setting the selling price and informing the tax authority to determine the requisite taxes, amounting to 50% of the selling price in addition to EGP 1.25 for each pack.

The remarks follow Minister of Finance Ahmed Galal’s Monday statement announcing  the selling prices of domestic and imported cigarettes.

Omar said that authority had recently noticed increases in the cigarettes selling prices, which manufacturing and import companies aware of, which ranged between EGP 0.5 and EGP 2 per pack.

- See more at: http://www.dailynewsegypt.com/2014/02/03/increases-cigarettes-selling-prices-head-egyptian-tax-authority/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DailyNewsEgypt+%28Daily+News+Egypt%29#sthash.Wu0O3kWG.dpuf

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Le gouvernement égyptien augmente le prix des cigarettes.

Le gouvernement égyptien augmente le prix des cigarettes. | Égypt-actus | Scoop.it

A pack of cigarettes in Egypt is going to cost about LE1 more per pack, after the country's finance ministry on Sunday raised the price of both imported and local brands.

 

 

Local brands are set to rise between LE0.5 and 0.75. That means a pack of Cleopatras, the cheapest and best-selling Egyptian cigarette, will cost between LE6.25 and LE7.00, compared to LE5.75 and LE6.50

The increase on imported cigarettes, between LE1 and LE1.5, takes brands like Marlboro, Merit and Kent up from LE15.5 to LE17.

The lower-price imported brands L&M and Rothmans will be sold at LE12 per pack, compared to LE11.

Mohamed Osman, head of marketing at Eastern Company, the state’s top cigarette manufacturer, told Ahram Online that the new price hikes will push retailers to surge their prices since the profit margin after a tax reduction doesn't leave much left to be distributed amongst the company and traders.

He explained that the government takes more than half of the cigarette pack price – 50 percent of the retail price, plus a fixed sales tax of LE1.25 and a LE0.10 health care tax.

Accordingly, a LE17 pack of Marlboros yields the government about LE10.

He added that this was the first official price increase since February 2012.

Sunday's statement from the finance ministry announcing the price hike warned that any retailer or distributor to violate the stipulated price list would face legal penalties.

Three companies are currently licensed to make and sell cigarettes in Egypt, led by the state-owned Eastern Company. Two foreign companies also operate in the local market: BAT-Egypt and Phillip Morris International, both of which use Eastern Company factories to manufacture their products.

 
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