Extras on excise: virginia is part of the cigarette smuggling problem, but also part of the solution?
Due to having one of the lowest state excise taxes for cigarettes—$0.30 for a pack of 20 cigarettes—Virginia is a very popular source for smugglers who purchase large quantities of cigarettes and then sell them illegally in states with higher taxes. The Commonwealth, however, is aware this problem exists and is looking for solutions. The Bureau of Alcohol, Tobacco, Firearms and Explosives has found that cigarette smuggling leads to federal and state revenue losses of between $7 and $10 billion annually, as previously reported by Bloomberg News.
http://www.bna.com/extras-excise-virginia-b17179921799/
Related Posts
Organised crime syndicates smuggling ‘low risk’ tobacco leaf and cigarettes into Australia
ORGANISED crime syndicates trafficking drugs like ice and cocaine are now...
Health-related items part of ongoing Kansas tax talk
A couple of items relevant to public health and the health insurance industry are...
Cigarette trafficking spawning other crimes
One frigid afternoon in January, two men transferring cigarettes to a van from a...
Hotlines set up to check for counterfeit medicines in India, Nigeria
NEW DELHI (Thomson Reuters Foundation) - Social enterprises in India and Nigeria...

