Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 6016)
6016.
Which country starts "sin" taxes on tobacco products, energy drinks and soft drinks?
India
US
UAE
China
Answer: Option
Explanation:
United Arab Emirates (UAE) has begun collecting new "sin" taxes on tobacco products, energy drinks and soft drinks. Tobacco and energy drinks will be taxed at 100% and soft drinks at 50%. A sin taxis an excise tax specifically levied on certain goods deemed harmful to society, for example alcohol and tobacco, candies, drugs, soft drinks, fast foods, coffee and sugar.
Discussion:
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