Tax Losses to Tobacco Smuggling in Greece

in Business Security

The Government of Greece loses up to $654 Million (500 Million Euros) to illegal tobacco smuggling activities each year as 170 million black market cigarette packs are sold within the country.

Source:  Vangelis Mandravelis, “500 mln lost to cigarette smuggling,” ekathimerini.com, April 8, 2012.

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