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Commenting article: Bulgaria Loses Most Revenues From Illicit Cigarettes Sales in EU

Bulgaria is the country that loses most revenues from illicit cigarettes in the European Union (EU) in relative terms, shows a study of Industry Watch, which was released on Thursday.

Illicit cigarettes cost 1.6 – 2 % of total tax revenues collected by the government and Bulgaria considerably exceeds all other EU member states in this indicator.

In relative terms, the losses suffered by Bulgaria are 3 times greater than in Romania and Poland, 10 times larger than in Germany and 16 times higher than in the Netherlands.

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#1
garxon - 23 Jan 2015 // 17:46:25

Mafia (Peevski) just trying to push out its competition

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