Latvia to Raise Liquid Tax by 21 Percent Yearly
October 16, 2023 by tobaccoreporter.com
Latvia to Raise Liquid Tax by 21 Percent Yearly
Latvia will increase excise taxes on e-liquids by an average of 21 percent annually until 2026. The excise tax rates on heated-tobacco products and combustible cigarettes are set to increase by 5 percent and 5.6 percent every year, respectively. Meanwhile, the tax on other “tobacco substitute” products, including nicotine pouches, will rise by 10 percent. Tobacco harm reduction advocates warned that the measure would negatively impact Latvia’s efforts to curb smoking by making safer alternatives less attractive.
33.00% of the adult population are current smokers. There are approximately 498,037 current smokers in Latvia 46.70% of men are current smokers but only 18.70% of women.
SOURCE: GSTHR
