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
Assam police seize fake currency notes worth Rs 60.58 lakh, 1 person held
Assam police on Saturday recovered and seized fake Indian currency notes of Rs...
Pharmaceuticals And Food Anti-Counterfeiting Technologies Market To Witness Enhanced Rate Of Application Till 2020: Grand View Research, Inc.
Deceptive representation of an original food product and pharmaceutical is...
Women Arrested For Tobacco Smuggling
A 24 year old woman has been arrested by Phitshane Molopo Police, in connection...
Gateshed woman found with more than 400 fake designer goods dodges jail
A Gateshead woman dodged jail after trading standards officers found a hoard of...


