The Australian Taxation Office says it has shut down an illicit tobacco operation in New South Wales worth more than $13 million, its second large-scale bust in recent weeks.The ATO with help from the NSW Police have seized and destroyed around $50 million worth of illicit tobacco in a fortnight
$34 million worth was located at a property on the NSW Mid North Coast in January while $13 million worth of crop was found in the state's Southern Tablelands this weekAssisted by police, the ATO said it had located four acres of tobacco crops, four bales of tobacco, a hothouse and three kilns for drying tobacco leaf on a property at Boxer Creek near Goulburn in the state's Southern Tablelands this week.
Why can't we grow our own tobacco for personal use? People are allowed to make their own alcohol and we have seen the devastating effect it can lead to.
Why don’t they rather open up some pop up tobacconists and sell the product. Then donate the proceeds to worthy charities.
You guys shoulda sold it to Venezuela or something you coulda made more money.
When a product is taxed to a totally preposterous and unrealistic level, as tobacco is, the black market will flourish. auspol
The Government has successfully turned Tobacco into a money maker for crime by taxing it so much. The same with alcohol. American and European friends cannot believe we pay so much and think it would cause crime and it does.
We have a illicit trade because the ridiculous amount of tax! Excessive tax is theft
If you make tobacco more expensive than Cannabis, which it already is. There will be a huge black market developing as would be highly profitable.
Another gutter cleaned
The ATO needs to venture into Victoria and the Snowy foothills if its serious about stopping this illicit trade.
ATO got new powers.
Will they also fine the thousands of people who scavange butts from the streets at night? No tax $$ there either.
Pushing people further into poverty through virtue taxation
ATO? 😲 I thought that was Border Forces responsibility?
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: abcnews - 🏆 5. / 83 Read more »