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Date: November 22, 2024 Fri
Time: 12:10 pm
Time: 12:10 pm
Results for illegal tobacco (australia)
2 results foundAuthor: KPMG Title: Illicit Tobacco in Australia Summary: For the first time since the implementation of Australia's plain packaging experiment we now have hard data to replace the anecdotes and predictions about its true impact, and the data show that since the introduction of this policy the black market has grown while consumption of tobacco overall has not declined. This report shows that smugglers and counterfeiters have been the big winners in Australia since the implementation of plain packaging at a great loss to the treasury. In less than a year, consumption of illegal, branded cigarettes, some of which now enjoy higher market share than legal brands in Australia, has increased by 154 percent. As a result, the government has lost up to AUD1.0 billion in tax revenue, while the criminal gangs behind this activity have lined their pockets. PMI supports reasonable regulation, but we believe governments have a responsibility to ensure the laws they pass meet their stated goals, uphold the rule of law, are evaluated based on objective standards and do not lead to negative consequences, such as boosting the illegal market at the expense of legitimate manufacturers and retailers. As studies quantifying actual changes in behavior and the marketplace since the introduction of plain packaging continue to come out of Australia, it is our hope that this evidence will not be ignored. Details: London: KPMG, 2014. 74p. Source: Internet Resource: Accessed August 4, 2014 at: https://www.imperial-tobacco.com/assets/files/cms/KPMG_FY2013_Illicit_Trade_Report___FINAL___11_April_2014.pdf Year: 2014 Country: Australia URL: https://www.imperial-tobacco.com/assets/files/cms/KPMG_FY2013_Illicit_Trade_Report___FINAL___11_April_2014.pdf Shelf Number: 132880 Keywords: CounterfeitingIllegal MarketsIllegal Tobacco (Australia)Illicit TobaccoSmugglingTax Evasion |
Author: KPMG Title: Illicit Tobacco in Australia. 2015 Half Year Report Summary: This bi-annual report provides an overview of the nature and dynamics of the legal and illicit tobacco markets and an independent assessment of the size of the illicit tobacco market in Australia. It is commissioned jointly by British American Tobacco Australia, Imperial Tobacco Australia Limited and Philip Morris Limited. Key highlights: - Illicit tobacco consumption declined marginally to 14.3% of total consumption in the twelve months to June 2015. This was the first decline seen since 2012 - The overall decline was driven by a significant decrease in contraband consumption, such as manufactured cigarettes - The decline in illicit tobacco consumption was partially offset by a large rise in unbranded ("Chop Chop") tobacco. Details: London: KPMG, 2015. 83p. Source: Internet Resource: Accessed June 1, 2016 at: https://home.kpmg.com/uk/en/home/insights/2015/11/illicit-tobacco-in-australia.html Year: 2015 Country: Australia URL: https://home.kpmg.com/uk/en/home/insights/2015/11/illicit-tobacco-in-australia.html Shelf Number: 139255 Keywords: Counterfeiting Illegal Markets Illegal Tobacco (Australia) Illicit Tobacco Smuggling Tax Evasion |