European vapers are facing a massive tax increase as e-cigarettes are soon to be treated the same as tobacco.
EUobserver reports European ambassadors asked the executive body of the European Union, the European Commission, to draft an “appropriate legislative proposal” in 2017 to put e-cigarettes under the same tax regime as tobacco.
EU finance ministers, who will meet March. 8, appear to be gung-ho for putting e-cigarettes on par with tobacco. “In order to facilitate an appropriate, equal taxation treatment of new products within the internal market and remove potential inconsistencies and legal uncertainty,” the ministers said in a document published Feb. 26.
But the EU’s agenda for raising taxes on e-cigarettes is not limited to avoiding legal grey areas. There “needs to be practical and foresighted, and strike the right balance between the revenue, expenses of tax administration and public health objectives,” according to the draft document.