The Greek tax due to increasing illegal tobacco trade share doubled

According to the “Greek” tobacco online reporter reports compiled by Greece cigarette tax growth over the past six years, the illegal tobacco products market share doubled, up from 10.1% in 2011 to 20% in 2016, therefore, resulting in lack of national cash inflows.

Since January 1, 2017, the latest round of tax increases is expected to increase the number of consumers entering the illegal market by 25%.

According to reports, Greek illegal tobacco products currently account for more than 33% of tobacco consumption.

According to the “Daily News” reported that the tobacco industry association and Macedonia leasing Pavilion responsible person said: “ at present, the field of nearly 40% cigarettes is illegal, the tobacco industry turnover also reduced by more than 10%, it is almost desperate. ”

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