TURKEY TAXATION HIKE HITS LEGAL SALES AND ENCOURAGES SMUGGLING
May 1st, 2011
BY PAUL COCHRANE
Turkey taxation hike encourages smuggling
Increases in tobacco taxation in Turkey have helped prompt a surge in smuggling. Turkey is geographically poorly placed to resist illicits given its proximity to Iran and Bulgaria - known sources of contraband. While liberalization has helped the majors, they face tightening anti-smoking legislation.
TURKEY'S hike in tobacco sales taxation and a nationwide ban on smoking in public places has had a major effect on the tobacco product market, reducing overall consumption on the one hand but also ...
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