Tax Revenue From Tobacco Products
11 Jan 2010Date: 11 January 2010
Parliamentary Question by Mr Hri Kumar:
To ask the Minister for Finance how much tax revenue does the Government receive annually in respect of tobacco products in the last three years.
Reply by Finance Minister Tharman Shanmugaratnam:
1. The Government collected $621 million of excise duty on tobacco products in FY2006, $700 million in FY2007, and $794 million in FY2008. From April to November this financial year, $587 million of tobacco duty has been collected.