cigarette tax nz Higher excise taxes harm not only the consumer, but the country. They may seem well-intentioned, but they create illicit and illegal trading. With warnings from RetailNZ claiming one third of the tobacco New Zealand's tobacco excise is
New Zealand's tobacco excise is backfiring. With tax making up ~80% of the price of cigarettes, a booming illegal market is stepping in. That means: more money for gangs, less for taxpayers Stats Cigarette prices light up The average price for a packet of 25 cigarettes was more than $35 in March, up almost $3.50 since December 2017. That is equal to about Taxation in New Zealand Wikipedia Cutting excise tax is not going to solve illicit tobacco The Post New Zealand Scraps Smoking Ban to Pay for New Tax Cuts Vantage with Palki Sharma New Zealand Smoking Ban Scrapped for Tax Cuts What Happened?
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