Insights into New Excise Tax Trends: Unlocking Opportunities for the E-Cigarette Market Worldwide
Understanding the Expansion of Excise Taxes in the European E-Cigarette Industry
The landscape of excise taxes in the e-cigarette industry is rapidly evolving, particularly within the European Union (EU). To date, 15 EU member states have already implemented excise taxes on e-liquids, and this number is expected to grow as more countries follow suit. The European Commission is also in the process of developing a new Tobacco Excise Directive (TED) aimed at harmonizing these taxes across all EU member states. This directive could have significant implications for the industry, as it seeks to unify tax policies and prevent tax evasion across the region.
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