Lost Tax Revenue in Egypt in First Half of 2011

Cigarette smuggling in Egypt causes tax losses of $26.84 Million (160 Million Egyptian Pounds) in the first half of 2011. Out of the entire cigarette market in Egypt, 2.1 percent of cigarettes were smuggled in the first six months of the year, compared to 0.1 percent in 2010. The increase was attributed to an increase in the cigarette tax.

Source: Mohamed Ahmed el-Saadani, “Cigarette smuggling costs government LE160 million,” Almasry Alyoum, August 28, 2011.