Impact of Excise Tax on Reducing Tobacco Consumption – The Case of Vietnam
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 05
Abstract
With rising tobacco consumption around the world, particularly in Vietnam. The essay examined and evaluated the excise duty on cigarettes in Vietnam. Moreover, the author developed a research model based on elements influencing tobacco consumption behavior, such as GDP, population, inflation, and excise tax rates. Besides, the authors discovered shortcomings in the current Vietnamese tax system after reviewing documents and data, such as the tax rate being too low in comparison to people's income and the taxable price being currently factory pricing. As a result, the essay provides important ideas for pushing the reform of Vietnam's tobacco excise tax policy in the next few years.
Authors and Affiliations
Thi Cam Giang Nguyen, Thi Hanh Hoa Ha, Quynh Chi Nguyen, Thi Khanh Huyen Pham, Phuong Thao Nguyen, Thi Thuy Linh Phan
Keywords
Related Articles
- EP ID EP727050
- DOI 10.47191/jefms/v6-i5-23
- Views 48
- Downloads 0
Accountability And Transparency Of Financial Management Of Village Funds In Improving The Independence Of Village Communities In The Endemy Of Covid-19
In addition, the village also has the capacity to generate money and enter it as Village Original Revenue. Because the idea of the village fund is equity and justice, the calculations also reflect those two things. Not t...
Financial Statement Ratios, Audit Quality and Long-Term Tax Avoidance
Taxes are a burden for companies, reducing their profits, so they engage in tax planning to minimize the amount of tax they must pay. Tax avoidance is a way for companies to reduce or minimize tax payment obligations, bu...
Examining Critical Success Factors for Africa’s Sustainable Industrial Development with Special Reference to Zambian Manufacturing Sector – Challenges, Prospects & Opportunities
This study was intended to examine critical success factors for Africa’s industrial development with special reference to the Zambian manufacturing sector - challenges, prospects & opportunities. The study had three (3)...
The Influence of Woman on Board of Commissioner and Woman on Board of Director on Company Financial Performance
This study aims to examine the effect of woman on board of commissioner and woman on board of director on company financial performance. This study uses secondary data accessed through IDX.co.id and idnfinancials.com. T...
Comparative Analysis of Financial Performance Before and During the Covid-19 Pandemic Period 2018-2021 (Subsector Automotive and Component Companies Listed on Idx)
Covid-19 pandemic triggered a massive turmoil in uncertainty and big impact on health care, mobility, social activities and economic growth. That low economic growth lead business activities of companies in transformatio...