From: The North Africa Post
llicit cigarettes accounted for over 20% of consumption across the Maghreb region in 2016. However successful prevention strategies have resulted in a 24% decline since 2015, said the Amsterdam based professional service and auditing company KPMG in a recent study.
The study, dubbed “Illicit Cigarette Trade in the Maghreb Region,” shows the 13 billion smuggled cigarettes consumed represented over $565 million in lost tax revenues, when taking into account both taxation on cigarettes and import related tariffs where applicable.
