EU TOBACCO TAX HIKE FUELS BLACK MARKET, SAYS INESS IN EURACTIV

EU TOBACCO TAX HIKE FUELS BLACK MARKET, SAYS INESS IN EURACTIV

INESS, featured in Euractiv, warns that EU efforts to curb smoking with higher tobacco taxes are driving a record illegal trade in 2024, as smokers turn to cheaper illicit options. Their analysis, alongside KPMG, notes Slovakia’s rise from 25th to 17th in the 2024 Nanny State Index due to new taxes on sweetened drinks, vaping, and tobacco, with little impact on quitting rates.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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