Tag Archive for: vaping tax

South Africa’s New Vaping Tax and Its Impact on Young Smokers

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Governments around the world impose excise taxes on products like alcohol and tobacco to reduce their demand. The South African government has recently implemented a tax on vaping products for the same reason. However, the new vaping tax has enraged vaping lobby groups and manufacturers who argue that e-cigarettes are less harmful than traditional cigarettes. They also claim that the tax will spawn an illicit industry, that people will go back to smoking traditional cigarettes, and that the tax will not dissuade the youth from starting vaping.In this article, we analyze the price increase claims and the effectiveness of the excise tax regime on vaping products. The Dr Yunus Carrim from Research Unit on the Economics of Excisable Products (REEP) conclude that the vaping tax is flawed because it is not well-targeted at reducing the consumption of vaping products among the youth.

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Vape Taxes in Louisiana Set to Be Triple under New Vaping law

In a recent announcement, Governor John Bel Edwards revealed that he has signed HB 635 into law, which will result in an increase in the excise tax on nicotine vape products from 5 cents per milliliter to 15 cents. This change is set to take effect on July 1. The bill, sponsored by State Representative Paul Hollis (R-Covington), received overwhelming support with an 83-13 vote in the house and unanimous approval in the Senate.

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Electronic Cigarettes Will Also Be Taxed in Switzerland

Electronic cigarettes are set to face taxation in Switzerland following the approval of the Federal Council’s plan by the Council of States and the National Council. While the tax on e-cigarettes will not be as high as that on traditional cigarettes, it aims to generate revenue for the Federation. This article explores the details of the tax plan, its implications, and the different perspectives surrounding it.

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The Czech Government’s New Proposal to Increase Vape Taxation

In an ambitious move to bolster economic standing, the Czech Government has proposed a significant increase in the excise tax on tobacco and vape products. This bold strategy, part of their consolidation package, aims to tax not just traditional tobacco more heavily, but also heated tobacco and electronic cigarettes.

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Vietnam’s Ministry of Finance Proposes a Vape Tax

According to local Vietnamese media on May 14, the Ministry of Finance in Vietnam has recently submitted a draft report to the Ministry of Justice. This report, for the Special Consumption Tax Law (SCT), includes a proposal for a consumption tax on e-cigarettes.

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New Sin Tax Introduced in South Africa cos the Surge in Vape Juice Prices

The vaping industry in South Africa is about to face a significant change as a new sin tax for vaporized tobacco products will be introduced next month. This tax has raised concerns and sparked debates among various stakeholders, including the Vapour Products Association South Africa (VPASA) and the Research Unit on the Economics of Excisable Products (REEP). In this article, we’ll delve into the details of this new tax and the implications it could have on the industry and public health.

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Louisiana Lawmakers Consider Taxing Vape for State Trooper Salary Increases

Louisiana lawmakers are considering a new tax on vape products and e-cigarettes to raise funds for State Trooper salary increases. The debate on vaping’s health risks and its popularity among youth highlights the importance of finding a balance between public health concerns and supporting law enforcement officers.

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Exploring the Latest Vape Tax Motions in the US

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In recent years, the topic of vape taxes has become a subject of debate and discussion in the United States. While some states have proposed and implemented taxes on vaping products, others have opposed such measures. This article delves into the latest developments regarding vape tax motions in the US, focusing on the failed vape tax bill in Alaska and the passing of Senate Bill 975 in Hawaii. Additionally, we explore scientific insights into the effects of vape taxes and their impact on public health, consumer behavior, and the economy.

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Hawaii Implements 70% Wholesale Tax on Vaping Products

Hawaii’s state legislators recently passed a “tax parity” law that would subject vaping products to the same tax rate as combustible cigarettes. If Governor Josh Green signs the bill into law, vaping products would incur a 70 percent wholesale tax, making it one of the highest in the country.

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Malaysia Imposes Excise Duty on Vape Liquids with Nicotine

Starting on 04/01/2023, vape liquids with nicotine content will be taxed at 40 sen per millilitre in Malaysia, according to a federal government gazette notice released today. The new excise duty is part of the government’s effort to tax liquid or gel products containing nicotine.

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