"Tobacco in Latvia" Is Now Available at Fast Market Research
Excise tax amendments in Russia, Ukraine and Belarus, combined with the efforts of local authorities to contain smuggling, had only a short-term effect on increasing the legal trade in cigarettes. After a significant drop in illicit cigarettes sales observed in Latvia in 2011, the situation worsened again in 2012, when the illicit trade increased again in volume terms. The renewed growth in the illegal tobacco trade can, to a large extent, be attributed to the effects of a two-phase tax...
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