Australian Government Losses to Tobacco Smuggling in 2011

in Business Risk, Counterfeit Goods

Cigarette smuggling in Australia is estimated to cost the government $2.1 Billion (2 Billion Australian Dollars) in 2011.

In the first six months of 2011, one out of every twelve cigarettes sold in Australia was a counterfeit cigarette.

In 2009, the government was losing $42 Million (50 Million Australian) in tax revenue to the illegal tobacco trade.

Source: Joe Hildebrand, “Bogus smoke a $2 billion waste,” Daily Telegraph, July 12, 2011.

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