Illegal cigarette market in Russia will increase with an increase in excise duty for another 10% Philip Morris 21:014 October 2016 year Moscow, Oct 4/PRIME/. Illegal cigarettes will rise if proposed by the Finance Ministry will adopt additional indexing excise taxes on tobacco by 10% in 2017-2019, said ABC News Vice President of Corporate Affairs affiliated companies, Philip Morris International in Russia Sergei Slipchenko. The Ministry of Finance of the RUSSIAN FEDERATION proposes to index in 2017-2019 years excises on tobacco by an additional 10%, due to this get totaly 243 billion additional budget revenue. In particular, in the year 2017 is scheduled to receive over 35 billion rubles in ... [Read more]