Japan burns smokers with 40% tax hike

Japan has imposed a 40% tax hike on cigarettes, effectively raising the price on most brands by a third, to curb smoking.

Japan burns smokers with 40% tax hike

Japan has imposed a 40% tax hike on cigarettes, effectively raising the price on most brands by a third, to curb smoking.

The finance ministry said the increase, which lifted the price of the popular Mild Seven brand to 410 yen (€3.56) per pack, will raise 63.1 billion yen (€553m) over the first year.

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