
Low taxes on tobacco products give green light to Ukraine’s smugglers
With cigarettes being so cheap in Ukraine, there’s a wide margin for smugglers to make a good profit. Moreover, the low cost of smoking takes a toll on the nation’s health, with high rates of smoking-related diseases and deaths.
Yet parliament is in no hurry to increase taxes on tobacco. In defiance of calls by anti-smoking activists to raise tobacco taxes to combat smuggling and improve the nation’s health, the Rada’s tax and customs committee has been protecting the interests of the tobacco industry, as well as blocking laws to restrict cigarette advertising.
Add to that the rapid fall in the value of the hryvnia, the currency having lost two-thirds of its value over the last two years, the illicit cross-border trade in cigarettes has continued apace. In 2016, even high-level diplomats have been caught illegally transporting cigarettes to Hungary.
Related Posts
Assam Police seize over 1.5 lakh foreign cigarettes in Guwahati, two arrested
In a major crackdown on the illegal trade of foreign tobacco products, the...
Factory manufacturing fake auto parts busted in Outer Delhi
Delhi Police busted a factory manufacturing fake automobile parts in Outer Delhi...
Gold smuggling: 55.61 kg of foreign gold worth Rs 28 crore seized by DRI.
In a major bust of the Myanmar-India gold smuggling network, the Delhi Zonal Unit...
Fake Toyota parts worth Dh26m seized in UAE.
Al Futtaim Toyota, in partnership with UAE government authorities, has completed...

