
Retailers seek tobacco tax freeze amid smuggling concerns
The pre-budget submission by Retailers Against Smuggling (RAS) has highlighted its concerns following latest figures from the Revenue Commissioners which show that customs officers have so far this year seized illicit tobacco which, if sold, would have resulted in the Exchequer losing €15.8m in tax — approximately €5m more than the same period last year.
RAS said that in order to prevent any further damage to small and medium businesses in Ireland, it is calling for a moratorium on further excise increases until such increases can be proven not to encourage smuggling.
Related Posts
Confidence Reigns, Counterfeit Consumer Electronics Continue to Fool Consumers
Canon U.S.A., Inc., a leader in digital imaging solutions, will unveil today the...
Fake cigarettes from Malaysia flood Kerala market; Rs 25000 worth cigarettes seized in Malappuram.
Nilambur: Fake cigarettes were seized from various shops in Nilambur during a...
DRI seizes gold worth Rs 10 crore, Rs 53 lakh cash
The Directorate of Revenue Intelligence (DRI) in Chennai detained two...
Gang caught running £180k tobacco plot
A St Helens man who was part of a gang that smuggled £180,000 worth of cigarettes...