The United Arab Emirates (UAE) imposed a sin tax, also called excise tax, on tobacco, energy drinks, and carbonated beverages to promote public health and raise revenue. The tax came into force on 1 October 2017. It’s part of the government’s efforts to diversify its sources of income and reduce dependence on oil revenues.
- Pros of Sin Tax
- Cons of Sin Tax
- Sin Tax Rate
- Comparison with VAT
- Other Countries with a Sin Tax
Source: propakistani.pk
