DEFINITIVE PROOF HIKING UP PRICES OF CIGARETTES ONLY MAKES BILLIONAIRES OUT OF ILLEGAL OPERATORS: GOVT LOST RM6 BILLION IN TAXES DUE TO ILLEGAL CIGARETTES & E-CIGARETTES – JTI

PETALING JAYA – The government lost RM6 billion in tax revenue from the sale of illegal cigarettes and the e-cigarette market, according to Japan Tobacco International Bhd (JTI Malaysia).

An Illicit Cigarettes Study (ICS) by the tobacco manufacturing firm said Malaysia’s illegal e-cigarette market is estimated at RM2 billion, with the other RM4 billion in the illegal trade of traditional cigarettes.

JTI managing director Cormac O’Rourke also revealed that the e-cigarette market has doubled in the past one year.

– https://www.thesundaily.my

.