About: Roberto Manriquez

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Economy & Jobs 27-05-2013

The EU’s Illegal Tobacco Market: The problem, the consequences and effective solutions

In 2011, KPMG estimated that the annual consumption of illegal cigarettes in the EU was 65.3 billion cigarettes. This was the highest ever recorded level and the fifth consecutive yearly increase. KPMG estimated the annual EU-wide tax loss due to cigarette smuggling to be approximately 11.3 billion euros.

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