to start envisaging, together with governments, a phase-out period for cigarettes," the companys chief executive, Andre Calantzopoulos, said in an interview on BBC Radio 4
Thats because duty-free sales are exempt from the excise tax and VAT that apply to retail purchases made once youve cleared customs
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As the rate climbs further in 2026, additional price hikes and market consolidation are expected
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She died of lung cancer when she was 60