Tobacco taxation in the UK - THE TMA

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Illicit cigarettes Illicit HRT Cross-border cigarettes Cross-border HRT 2012-2013 2013-2014 2014-2015 2015-2016 the Royal united services institute (Rusi) have said that: ‘This policy of high taxation has the unintended yet inevitable consequence of generating an illicit market that generates substantial profits for sellers.’5

  Cigarettes, Illicit, Illicit cigarettes illicit