Cigarette price-hike causes massive drop in sales - and loss of a billion in tax

27th April 2011, Comments 0 comments

IF cigarette sales continue to fall, the State will earn 14.8 per cent less in taxes this year, warns tobacco giant Altadis. This equates to a whopping 1,132 million euros that will have gone up in smoke. It will also be the first time ...

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