PMI Partners with U.S. Department of Homeland Security on Combatting Illicit Trade

Philip Morris International NEW YORK–(BUSINESS WIRE)–Jan. 29, 2021– Philip Morris International Inc. (PMI) (NYSE: PM) today signed a memorandum of understanding (MOU) with the National Intellectual Property Rights Coordination Center (IPR Center) at the U.S. Department of Homeland Security (DHS) to assist and support Homeland Security Investigations’ (HSI) illicit tobacco trade operations and other intellectual property rights investigations. “We are thrilled […]

The Illicit Cigarette Market in Six South African Townships (2020)

Authors: Kirsten van der Zee et al. Abstract Background: We estimate the size of the illicit cigarette market in low socioeconomic areas in South Africa before and after a tax increase. In 2018, the real excise tax increased by 3% and the value-added tax (VAT) rate increased from 14% to 15%. Thus, the real tax on […]