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Tobacco company profits earned in France were estimated to be around 850 million Euros per year (Annexe 10: Fiches d'valuation pralabe des articles du projet de loi, pages 128 137), but there was no big tobacco company present in France that could be taxed

By our estimation, this rolls back the unit profit margin to about the $11-per-thousand (22 per pack) level that prevailed in 1987 and the percentage profit margin is now down to the level prevailing in 1984

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