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The OECD report, Tobacco Taxation in Latin America and the Caribbean, delves into the pressing health, economic, and social challenges posed by tobacco use in the region. It highlights significant opportunities for reforming tobacco tax policies to reduce consumption, address inequalities, and alleviate financial burdens on healthcare systems. By examining tobacco taxation trends across 18 countries, the report provides actionable recommendations for improving tax policy design and administration, ensuring healthier outcomes and sustainable revenue generation.