
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
$3 million worth of fake cigarettes seized in Malaysia
Authorities here have foiled attempts by a syndicate to use Malaysia as a transit...
Over 1 million fake printing supplies seized in UAE raids
HP today announced that its Anti-counterfeit Program in EMEA (Europe,...
Beware of fake products
Tamil Nadu police have issued an 8-point advisory to the public to recognise and...
Police bust currency racket, seize fake notes of Rs 21 lakh
Police on Tuesday said they had busted a gang involved in printing counterfeit...
