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"TOBACCO" revenue from tax on cigarettes ... C Ia PEOS Kavala go to the PROGRAM STABILITY ... - Athens Times

“TOBACCO” revenue from tax on cigarettes … C Ia PEOS Kavala go to the PROGRAM STABILITY …

Equality 2
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(Title) Rather than keeping value-added tax at the same level that the WORLD TO can buy THINGS TO INCREASE thereby reducing the purchasing power of citizens …

«Smoke” became the revenue from the tax on cigarettes because of the slump in sales. In May and despite repeated increases in the excise duty on public funds went only 97.2 million compared to 183.6 million last year. Ie, in a twelve-month period decreased by 47.05% while the tax rate from 73.5% jumped to 85.7%. The revenue in May, compared with April 2010, was reduced by 39.25%. The decline in sales of cigarettes comes from the price increase, but the drug is increasing rapidly. On the side of the tobacco industry to survive contemplating dropping prices so as to prevent the collapse of sales and revenue. The script of “rescue” involves lowering the price to expensive cigarettes, namely 3.5 million package from 3.8 million sold today.
The sharp rise in the tax hit than income and sales tobacco, which is already recording a fall of over 20%. At the same time, the kiosks are experiencing the worst crisis in its history and the locks are just around the corner as the main source of revenue from the sale of cigarettes.

Nikos Theodoropoulos

pinch TV
28-6-2010

pinch TV ©

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