Tobacco Tax Losses to Smuggling in Vietnam

in Business Risk

15 to 20 percent of all cigarettes smoked in Vietnam is purchased on the black market without the taxes being paid. This leads to $161.8 Million in lost tax revenue for the government each year.

Source:¬†Truc Quynh, “Cigarette smuggling difficult to stub out,” The Vietnam Nation, March 28, 2009.

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