by The Swiss government has proposed amending the Tobacco Act to introduce a new tax for electronic cigarettes. Parliament has been asked to back the proposal, which is forecast to bring in around CHF13.8 million (.8 million) in extra tax revenues per year. The proposed tax rate for reusable e-cigarettes is CHF0.20 per millilitere of liquid containing nicotine. For single-use e-cigarettes, the government is aiming for CHF1 per millilitre of liquid – regardless of the nicotine content. The higher tax rate for single use e-cigarettes is intended to put off minors from trying them. The potential attraction of e-cigarettes among youngsters concerns the Swiss authorities. Earlier this year, a nationwide vote decided to limit advertising for all tobacco products
Topics:
Swissinfo considers the following as important: 3) Swiss Markets and News, 3.) Swissinfo Business and Economy, Business, Featured, newsletter
This could be interesting, too:
Frank Shostak writes Assumptions in Economics and in the Real World
Conor Sanderson writes The Betrayal of Free Speech: Elon Musk Buckles to Government Censorship, Again
Nachrichten Ticker - www.finanzen.ch writes Bitcoin erstmals über 80.000 US-Dollar
Nachrichten Ticker - www.finanzen.ch writes Kraken kündigt eigene Blockchain ‘Ink’ an – Neue Ära für den Krypto-Markt?
The Swiss government has proposed amending the Tobacco Act to introduce a new tax for electronic cigarettes.
Parliament has been asked to back the proposal, which is forecast to bring in around CHF13.8 million ($13.8 million) in extra tax revenues per year.
The proposed tax rate for reusable e-cigarettes is CHF0.20 per millilitere of liquid containing nicotine. For single-use e-cigarettes, the government is aiming for CHF1 per millilitre of liquid – regardless of the nicotine content.
The higher tax rate for single use e-cigarettes is intended to put off minors from trying them.
The potential attraction of e-cigarettes among youngsters concerns the Swiss authorities.
Earlier this year, a nationwide vote decided to limit advertising for all tobacco products that may be seen by young people.
Tags: Business,Featured,newsletter