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Exploiting a Low Tax System: Non-Tax-Induced Cigarette Price Increases in Taiwan 2011–2016

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Exploiting a Low Tax System: Non-Tax-Induced Cigarette Price Increases in Taiwan 2011–2016 Original research Tob Control: first published as 10.1136/tobaccocontrol-2018-054908 on 4 June 2019. Downloaded from Exploiting a low tax system: non- tax- induced cigarette price increases in Taiwan 2011–2016 Wayne Gao,1 Mattia Sanna ,1 J Robert Branston ,2 Hung- Yi Chiou,3 Yi- Hua Chen,3 Allison Wu,1 Chi Pang Wen4,5 1Master’s Program in Global ABSTRACT Background Health and Development, Taipei Introduction This study aims to analyse the non- In the last two decades, Taiwan has made important Medical University, Taipei, Taiwan tax- induced price increasing strategies adopted by progress in tobacco control, especially after 2009 2School of Management, tobacco industry in Taiwan, a high- income country with when regulations were tightened in line with the University of Bath, Bath, UK comprehensive tobacco control policies but low tobacco guidelines provided by the Framework Conven- 3 School of Public Health, Taipei taxes and a declining cigarette market. tion on Tobacco Control (FCTC). Smoking has Medical University, Taipei, Taiwan Methods Using governmental tax, price and inflation been forbidden in most work sites and public 4Institute of Population Health data, we analysed cigarette sales volume, affordability, spaces, tobacco advertisement and promotion have Sciences, National Health affordability elasticity of demand, market share, pricing been banned and pictorial health warnings have Research Institutes, Miaoli and net revenue of the top five tobacco companies been introduced. Moreover, taxes were increased County, Taiwan 5 in Taiwan from 2011 to 2016 when no tax increases several times during the last two decades, with China Medical University 12–14 Hospital, Taichung, Taiwan occurred. positive effects on tobacco consumption. As Results Total revenue after tax grew significantly for a result of all these measures, during the 2009– Correspondence to all the major transnational tobacco companies between 2016 period, the smoking rate decreased from Dr Wayne Gao, Master’s 2011 and 2016 at the expense of the state- owned 20% to 15% among adults, and from 14.8% to Program in Global Health and Taiwan Tobacco and Liquor Corporation. In terms of 9.3% among senior high school students (16–18 Development, Taipei Medical 15 University, Taipei, Taiwan; market share, Japan Tobacco (JT) was the leading years old). Smoking is largely a male and age- waynegao@ tmu. edu. tw company, despite experiencing a small decline, while related habit in Taiwan. In 2005, the age group British American Tobacco and Imperial Brands remained with the highest smoking rate among men was the Received 21 December 2018 stable, and Philip Morris International increased from 40–44 years old group (57.4%),16 while in 2015 Revised 11 April 2019 17 Accepted 26 April 2019 4.7% to 7.0%. JT adopted the most effective pricing it was the 50–54 one (47.4%). During the same copyright. Published Online First strategy by increasing the real price of its two most period, the smoking rate among men aged 25–29 4 June 2019 popular brands (Mevius and Mi- Ne) and, at the same years decreased from 47.9% to 22.4%. The daily time, doubling the sales of its cheaper and less popular consumption of adult smokers decreased from 19 brand Winston by leaving its nominal retail price cigarettes in 2008 to 17.3 cigarettes in 2016, while unaltered. the cigarette consumption per capita above the age Conclusions Low and unchanged tobacco taxes of 15 years old decreased by 5.9% from 1970 in http://tobaccocontrol.bmj.com/ enable tobacco companies to use aggressive pricing 2009 to 1857 in 2016.15 (Here and in the rest of the and segmentation strategies to increase the real price paper, the percentage change is calculated with the of cigarettes without making them less affordable midpoint method).18 while simultaneously maintaining customers’ loyalty. It In Taiwan, manufactured cigarettes are by far the is crucial to continue monitoring the industry’s pricing most common form of tobacco smoking, while the strategies and to regularly increase taxes to promote use of other products is extremely limited. In 2016, public health and to prevent tobacco industry from the entire market share of non- cigarette tobacco profiting at the expense of government revenues. products, including everything from hand- rolling, chewing and pipe tobacco, to cigars and snuff, was only 10% of the total.19 Only the standard pack size of 20 cigarettes is allowed. In the rest of the paper, on September 23, 2021 by guest. Protected INTRODUCTION the term ‘pack’ will always indicate a 20-cigarette Increasing tobacco taxes is one of the most effective pack. ways to reduce tobacco consumption,1–4 smoking Four types of taxes are applied to tobacco prod- initiation by youth5 and social-economic inequal- ucts in Taiwan: a tobacco tax of $NT11.8 per pack ities caused by tobacco use.6 At the same time, it (US$0.38, as $NT1=US$0.032); an additional is well known that the tobacco industry counters surcharge earmarked exclusively for public health government tax rises by using strategies such as named the Tobacco Health and Welfare Surcharge © Author(s) (or their over- shifting and under- shifting tax increases across (THWS); a tariff for imported tobacco products of employer(s)) 2019. Re- use their brand portfolios, smoothing prices changes $NT2.7 per pack and a 5% value added tax (VAT) permitted under CC BY-NC . No commercial re-use . See rights and reducing pack sizes, all to keep tobacco afford- applied to most goods and services. The THWS has and permissions. Published able.7–11 Less is known, however, about how been progressively increased from $NT5 per pack in by BMJ. tobacco companies take advantage of an environ- 2002 to $NT20 per pack in 2009,15 yet cigarettes 20 To cite: Gao W, Sanna M, ment with low and static tobacco taxation. Taiwan are still affordable in Taiwan compared with many Branston JR, et al. is one such market, and hence the aim of this paper other countries. It was estimated that the last tax Tob Control is to explore the strategies adopted by the industry increase in 2009 determined a 14.5% reduction in 2019;28:e126–e132. in this context. cigarette consumption per capita,12 with a demand e126 Gao W, et al. Tob Control 2019;28:e126–e132. doi:10.1136/tobaccocontrol-2018-054908 Original research Tob Control: first published as 10.1136/tobaccocontrol-2018-054908 on 4 June 2019. Downloaded from elasticity for cigarettes of about −0.7 among Taiwanese smokers Real net revenue above the age of 15 years old.13 In 2016, taxes in total comprise Data on nominal retail prices of cigarettes in 2011, 2012, 2015 about 48% of the retail price for most popular brand sold,21 and 2016 (market surveys on retail prices of cigarettes were not which is well short of the greater than 70% recommended by conducted in 2013 and 2014) were retrieved from the results of WHO.22 a research project founded by the HPA.23 To get real prices, the While taxes/levies on tobacco products remained unchanged nominal prices were adjusted for inflation using the Consumer from 2011 to 2016 in Taiwan,15 the four major transnational Price Index from the Taiwan Statistical Bureau27 and by setting tobacco companies (TTCs) operating in the country, namely 2011 as the base year. Real retail prices were weighted by the Japan Tobacco (JT), British American Tobacco (BAT), Philip market share of each brand to estimate the (weighted) average Morris International (PMI) and Imperial Brands (IB), all imple- price per pack for each company. The total tobacco tax liable mented various non- tax- induced price increases for their prod- ($NT31.8 per pack, adjusted for inflation) and the VAT were ucts during this period.23 then deducted to compute the real net revenue per pack for each company. Finally, this was multiplied by the total sales volume to work out the total real net revenue for each company. Objective The aim of this paper is to analyse the trends in cigarette Brand categorisation sales volumes, affordability, affordability elasticity of demand, Nominal retail prices in 2011 (first year of the study period) and company/brand market shares, pricing and net revenue in Taiwan the classification provided by Cornelius et al,28 were used to clas- between 2011 and 2016, when there were no changes in tobacco sify the cigarette brands most popular in Taiwan into two catego- taxation to shed light on the pricing strategies implemented by ries: economy and premium. Among the discount brands listed by the state- owned Taiwan Tobacco and Liquor Corporation (TTL) Cornelius et al, the only one also present in our dataset is Pall Mall and by the four major TTCs. Using sales, inflation and price data, (BAT), whose nominal retail price in 2011 was $NT55. We there- we aim to understand how tobacco companies can take advan- fore assigned to the lowest class, economy, all the brands with a tage of an absence of pro- health tobacco tax policy to introduce nominal retail price of $NT60 or less, namely Pall Mall, Ace, New non-tax- induced price increases, thereby enhancing their reve- Paradise and Long Life. The remaining brands, with a nominal nues despite an overall declining cigarette market. retail price of $NT70 or above were categorised as premium. METHODS Brand affordability Sales volume and market share For each available year, the cigarette affordability of each brand copyright. The aforementioned tobacco tax of $NT11.8 per pack is collected was estimated by calculating the relative income price (RIP), by the Ministry of Finance (MOF) and the total annual amount defined as the ratio of the nominal retail price of 100 packs paid by each company in Taiwan is public information, down- to the nominal Gross Domestic Product (GDP) per capita, all 29 loadable from the MOF financial statistics database.24 Thus, measured in the national currency.
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