Illicit cigarette study is blowing smoke, says council on smoking and health
One out of three cigarettes smoked in Hong Kong last year was illicit, costing the government more than HK$3.2 billion in lost tax revenue, a study by two overseas think tanks says. But the Hong Kong Council on Smoking and Health (COSH) says the results are “dubious”. The Illicit Tobacco Indicator study – conducted by UK-based Oxford Economics and the International Tax and Investment Center (ITIC) in the US – suggests that the city’s illicit cigarette consumption rate stood as high as 33.6 per cent of 1.8 billion cigarettes smoked in 2013, causing a loss of HK$3.2 billion in taxes. Of the 14 countries studied, Hong Kong had the third highest consumption rate, after Brunei and Malaysia, which ranked first and second, respectively.
Related Posts
Textiles sector vulnerable to increasing counterfeiting.
Ramesh Chand Meena, Minister for Food, Civil Supplies & Consumer Affairs,...
Illegal liquor worth ₹7 crore seized in Pune since poll code came into effect
Pune district seized ₹7 crore in illegal liquor and took action against 1,042...
Spurious liquor claims 4 lives in Sultanpur district
Celebratory drinking claimed four lives in Sultanpur district on Friday four...
NAFDAC destroys N1bn fake products
The National Agency for Food and Drug Administration and Control (NAFDAC)...