Edition 1432
15 July 2017
Edition: 1432

Read this week's issue online exactly as it appears in print.

Twitter

State loses €100 mln in revenues on illegal tobacco

by TPN/ Lusa, in News · 11-03-2017 06:58:00 · 0 Comments

The Portuguese state lost around €100 million in tax revenue on tobacco in 2016, a year in which the authorities seized 198 million cigarettes, according to the Fiscal Action Unit (UAF) of the Republican National Guard (GNR).

State loses €100 mln in revenues on illegal tobacco

 

The commander of the UAF, Colonel Magalhães Pereira told daily newspaper Diário de Notícias the “value of the fraud was obtained by calculating the seizures of illegal merchandise and what was found through investigations to have been introduced into the consumer market.”

 

Magalhães Pereira told the newspaper that the cost of making a packet of unbranded cigarettes in an illegal factory was around €0.50 to €0.60.

Comments

Be the first to comment on this article

Interactive Topics, send us your comments/opinion on this article.


Please enter the letters as they are
shown in the image.
Letters are not case-sensitive.
Edition 1432
15 July 2017
Edition: 1432

Read this week's issue online exactly as it appears in print.

Twitter

Pub

  • Vale D'Oliveiras
  • AlgarExperience
  • Toldolanda
  • Abacoz
  • Abbeygate
  • Blevins
  • R.C. Brown
  • Wellness Dreams
  • Algarve Weddings
  • Nobel International School
  • Zoomarine
  • Simple Taste
  • Cris Piessens
  • John Hill
  • Audiocare
  • Land and Houses
  • Intermarche
  • Palm Properties
  • Ibex
  • Blacktower
  • Global
  • Marcela Properties