Between one-third to one-half of the alcohol market in Russia is filled with illegal alcohol, according to reports. The black market in alcohol products is estimated to be up to 6 times larger than the legitimate alcohol market in Russia.
The losses in tax revenue due to smuggling of alcohol is estimated to be $700 Million (20 Billion Russian Rubles).
Source: “The Alcohol Issue in Russia and the Baltic Sea Region,” Stockholm Centre on Health of Societies in Transition, Newsletter no 12, April 20, 2000.
{ 0 comments… add one now }