Tobacco tax revenue falls by $341m

Source: Herald Sun

THE sovereign supervision says a anti-smoking measures are expected a reason for a $341 million tumble in tobacco dig in a final few months of a final financial year.

The final bill outcome news for 2011/2012, expelled this morning, updated total released in May.

It shows a supervision collected $5.45 billion in tobacco dig in 2011/12, down from a $5.79 billion Treasury estimated in a May budget.

“The total denote that even given a bill we’re collecting reduction dig and etiquette avocation on those items,” Finance Minister Penny Wong told

Read full article: http://in.reuters.com/article/2012/09/23/us-usa-campaign-ohio-idINBRE88M0GV20120923

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Source:
http://www.news.ezonearticle.com/2012/09/24/tobacco-tax-revenue-falls-by-341m/