Portuguese Government Plans To Increase E-cigarette Oil Consumption Tax

Portuguese government plans to increase e-cigarette oil consumption tax

The Portuguese government recently stated that it hopes to increase the consumption tax on e-cigarette oil in 2024, regardless of whether the oil contains nicotine.

The Portuguese government recently stated that it hopes to increase the consumption tax on e-cigarette oil in 2024, increasing the consumption tax on nicotine e-cigarette oil by 4% to 0.351 euros per ml (1 euro is approximately RMB 7.8), while also increasing the consumption tax on nicotine-free e-cigarettes. Oils are subject to an excise tax of €0.175 per ml.

Relevant sources said that Portugal’s consumption tax on e-cigarettes is the highest in the EU. Increasing the consumption tax on e-cigarette oil in this way will prevent some low- and middle-income groups from choosing e-cigarette products, thus causing some e-cigarette consumers to re-enter the market. Smoking.

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