Excessive Taxation of Cigarettes, Coupled with Significant Increases in Illicit Trade and Losses of Billions to the State Budget, According to a New Report

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A new study carried out by Oxford Economics in nine countries identifies an average correlation of 80% between the real cost of legally traded cigarettes and the weight of the illicit market. Taxes represent, on average, more than three quarters of the selling price of legally traded cigarettes in the analyzed countries. In Romania, tobacco smuggling reached a record level for the last five years in July: 13.9% of the total market, according to …

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A new study conducted by Oxford Economics in nine countries identifies an average correlation of 80% between the actual cost of legally traded cigarettes and the weight of the illicit market

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Excessive taxation of cigarettes, correlated with significant increases in illicit trade and losses of billions to the state budget, according to a new report· A new study carried out by Oxford...

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A new study carried out by Oxford Economics in nine countries identifies an average correlation of 80% between the real cost of legally traded cigarettes and the weight of the illicit market. • Taxes represent, on average, more than three quarters of the selling price of legally traded cigarettes in the analyzed countries. • In Romania, tobacco smuggling reached in [...] Article Excessive taxation of cigarettes, correlated with significant incre…