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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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.
Read moreAccording 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.
Read moreThe 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.
Read moreLouisiana 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.
Read moreIn 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.
Read moreHawaii’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.
Read moreStarting 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.
Read moreFrom March 1, excise taxes on cigarettes, cigars, e-liquids, and heated tobacco will increase in Russia. Learn about the specific tax increases, the cancellation of the tax on nicotine delivery devices, and the Ministry of Agriculture’s increase of the minimum price for tobacco products.
Read moreLawmakers in Hawaii have proposed a 70% tax on e-cigarettes and e-liquid products, in a bid to tackle youth addiction to the devices. Currently, e-cigarettes in Hawaii carry a general excise tax ranging from 4.1% to 4.7%, but combustible cigarettes attract additional taxes. Rep. Scot Matayoshi, a leading sponsor of the bill, said he hoped the tax would reduce the negative health effects of nicotine addiction. However, opponents argue that raising prices could encourage smokers to stick to combustible products. A representative of e-cigarette seller VOLCANO called the 70% tax an “industry killer”.
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