Taxes

Inequitable regulation in terms of taxation in the tobacco market will lead to its destabilization and will increase the illegal turnover of products.

Inequitable regulation in terms of taxation in the tobacco market will lead to its destabilization and will increase the illegal turnover of products.

16.07.2019

The general manager of Philip Morris and Marketing LLS Denis Zhogolev said this at a meeting with journalists on Tuesday. He, in particular, noted that products which cause less harm to health than cigarettes (as evidenced by a number of international research institutes and regulators in the UK, USA and other countries) are taxed in a separate category and cannot be equated to cigarettes, as it is not a product of combustion. This is a company’s heet-not-burn IQOS product, which uses heets. As InfoMarket agency reported, a bill was initiated in parliament, according to which the sticks for ...
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