Annual Lost Tobacco Tax Revenue Worldwide

in Business Security

Cigarette smuggling causes $50 Billion in lost tax revenue to governments around the world, according to the World Health Organization. At least 10 percent of all cigarettes sold in the world were smuggled on to the black market.

Source: Associated Press, “UN: Countries near deal to crack down on cigarette smuggling,” Washington Post, March 26, 2012.

 

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