Publication:
Tobacco Taxation and Impact of Policy Reforms: Trinidad and Tobago

dc.contributor.authorWorld Bank Group
dc.date.accessioned2018-02-27T20:25:09Z
dc.date.available2018-02-27T20:25:09Z
dc.date.issued2018-02
dc.description.abstractEvidence from across the world shows that raising taxes sharply on tobacco products, and then adjusting for inflation and increased affordability due to growing incomes, is the single most cost-effective measure to reduce tobacco consumption. A scaled-up and stronger tobacco control effort is required in Trinidad and Tobago to achieve the WHO-recommended target of at least 30 percent reduction in smoking prevalence by 2030, which would avoid ill health, premature mortality, and disability among current and future smokers by the end of the 21st century. The benefits of tobacco taxation go beyond public health. As documented in a recent report by researchers at the International Monetary Fund in many countries, raising tobacco taxes can offer a "win–win": higher revenue and positive health outcomes. While countries' circumstances and governments weighting of revenue, health, and other objectives vary, and hence the desirable level of tobacco tax rates, in many cases, current tax rates are far below what is feasible in terms of revenue potential. In the case of Trinidad and Tobago, increasing tobacco taxes as assessed in this report, could serve revenue purposes as well as health and other objectives. And if the government decides to put more weight on health objectives, it could raise taxes even further.en
dc.identifierhttp://documents.worldbank.org/curated/en/910981519316913968/Trinidad-and-Tobago-Tobacco-taxation-and-impact-of-policy-reforms
dc.identifier.doi10.1596/29385
dc.identifier.urihttps://hdl.handle.net/10986/29385
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectSIN TAX
dc.subjectTOBACCO CONTROL
dc.subjectTOBACCO TAX
dc.subjectTAX REVENUE
dc.subjectTAXATION
dc.subjectCIGARETTE SMOKING
dc.subjectCHRONIC RESPIRATORY DISEASE
dc.subjectTOBACCO PRICE
dc.subjectTOBACCO CONSUMPTION
dc.subjectEXCISE TAX
dc.subjectTAX ADMINISTRATION
dc.titleTobacco Taxation and Impact of Policy Reformsen
dc.title.subtitleTrinidad and Tobagoen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleTobacco Taxation and Impact of Policy Reforms
okr.date.disclosure2018-02-22
okr.doctypeEconomic & Sector Work::Other Health Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/910981519316913968/Trinidad-and-Tobago-Tobacco-taxation-and-impact-of-policy-reforms
okr.guid910981519316913968
okr.identifier.doi10.1596/29385
okr.identifier.externaldocumentum090224b0857c34c9_3_0
okr.identifier.internaldocumentum29644083
okr.identifier.report123666
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/910981519316913968/pdf/123666-WP-REVISED-P154568-PUBLIC.pdfen
okr.region.administrativeLatin America and Caribbean
okr.region.countryTrinidad and Tobago
okr.sectorHealth
okr.topicHealth, Nutrition and Population::Health Economics & Finance
okr.topicHealth, Nutrition and Population::Tobacco Use and Control
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.unitHNP ECA Region (GHN03)
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