Will cigarette smuggling worsen with sin tax hike? | ABS-CBN News

in #dlike5 years ago

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MANILA - Senate President Vicente Sotto III and Senate Blue Ribbon Committee chair Richard Gordon have expressed concern that smuggling of cigarettes and other tobacco products may worsen should the proposal to raise excise taxes gain the Senate's approval.

Probably yes, as it may be the same scenario happened on some European countries before. They will make every other way to evade taxation and earn more money while the country is losing some.


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