Finance Minister Rejects Cigar Surtax

Rabat – Economy and finance minister Mohamed Boussaïd has rejected an amendment of the Finance Act, which would have raised the internal tax on cigars.In a meeting at the House of Councillors on Monday May 29, Boussaïd denied the amendment to the Finance Act of 2017, which would have imposed a tax between MAD 500-1000 for each unit of 1000 cigars.The bill had been proposed by the labour union Confédération Démocratique du Travail (CDT). One of its members, Abdelhak Hissan, suggested that the revenues from this supplementary tax should be given to programs dedicated to fighting against lung cancer. Boussaïd explained why he rejected the amendment, saying that a surtax would pave the way for smuggling of cigars, an item loved by the wealthy. The minister added that the tax rates are similar to those in European countries.Cigarette prices are due to increase within the next six months and Boussaïd believes that further tax increases within the tobacco industry will harm the business climate for producers and importers within the sector. read more

Top publishers sue Audible for copyright infringement

NEW YORK — Some of the country’s top publishers are suing Audible, citing copyright infringement as they ask a federal judge to enjoin the audiobook producer-distributor’s planned use of captions for an education-driven program.The so-called “Big Five” of publishing — Penguin Random House, Hachette Book Group, Simon & Schuster, HarperCollins Publishing and Macmillan — are among the plaintiffs in the suit filed Friday in U.S. District Court for the Southern District of New York. The legal action comes in response to “Audible Captions,” which Audible announced in July and indicated would be formerly launched as students return this fall, with titles including “Catch-22,” ”The Hunger Games” and “The Hate U Give.”“Audible Captions takes Publishers’ proprietary audiobooks, converts the narration into unauthorized text, and distributes the entire text of these ‘new’ digital books to Audible’s customers,” the lawsuit reads. “Audible’s actions — taking copyrighted works and repurposing them for its own benefit without permission — are the kind of quintessential infringement that the Copyright Act directly forbids.”Audible, which is owned by Amzon.com and is the dominanrt producer in the throving audiobook market, did not immediately respond to a request for comment.Maria Pallante, who heads the Association of American Publishers, told The Associated Press in a recent interview that repeated efforts to communicate with Audible — including cease-and-desist letters — had failed to produce any changes.said in a statement that Audible had showed “deliberate disregard of authors, publishers, and copyright law.” Audible, owned by Amazon.com, is the dominant producer in the thriving audiobook market.Hillel Italie, The Associated Press read more