Seeking Alpha

Philip Morris (PM), Japan Tobacco and British American Tobacco (BTI), which have long looked to...

Philip Morris (PM), Japan Tobacco and British American Tobacco (BTI), which have long looked to Japan as a cigarette tax haven, could soon get burned. As soon as Friday, the government may unveil a tax that could add ¥40-60 in taxes to every pack of cigarettes. Japan Tobacco has a 65% share of the Japanese market; Philip Morris has 25%; and BAT the remaining 10%.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|