Tax hikes on cigarettes and alcohol to encourage smuggling, tradesmen union says
The recent rise in fixed tax from cigarettes and alcohol over the inflation rate will encourage smuggling, the head of the Confederation of Turkish Craftsmen and Tradesmen (TESK) BendeviPalandöken has said. Cigarette counterfeiting and smuggling have risen in recent years and the latest tax raises should be suspended to maintain the fight against such illegal activity, Palandöken warned in a written statement on Jan.“The latest tax increase on cigarettes will cause a rise in prices, resulting in a dramatic increase in smuggling. This will pave the way for one in four cigarettes being smuggled in the near future, raising from one in five cigarettes at present.
Related Posts
Kan. woman’s sentencing for selling counterfeit luxury goods at Wichita store set for March 10
WICHITA, Kansas — A Wichita woman will be sentenced March 10 in federal court for...
Cigarette smuggling is just as big as cocaine trafficking
Cigarette smuggling alone costs the EU and its Member States €11 billion per...
DRI seizes smuggled gold, in paste form, worth ₹2.67 crore
Mumbai: 3.35kg of gold worth ₹2.67 crore was seized by the Directorate of...
Concern over fake hair gel
PEOPLE have been urged to be careful of fake products being sold in local...

