Open AccessThe failure of the UK to tax adequately tobacco company profits
Author(s) -
J Robert Branston,
Anna Gilmore
Publication year - 2019
Publication title -
journal of public health
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.916
H-Index - 82
eISSN - 1741-3850
pISSN - 1741-3842
DOI - 10.1093/pubmed/fdz004
Subject(s) - corporation , profit (economics) , business , tobacco industry , tobacco product , corporate tax , order (exchange) , tax avoidance , tax policy , accounting , public economics , finance , double taxation , economics , tax reform , environmental health , medicine , political science , law , microeconomics
A key driver of the global tobacco epidemic is the massive profit earned from manufacturing tobacco products despite high levels of product taxation. Two of the four major Transnational Tobacco companies are based in the UK, where there is growing evidence of corporate tax avoidance by transnational firms and where there are calls for the industry to pay more towards the harms caused by tobacco products.