Media: EU-level push to drastically raise excise duty on tobacco products
May 29, 2025 by bnn-news.com
Media: EU-level push to drastically raise excise duty on tobacco products
Wealthy EU countries are urging the European Commission to revisit plans for a minimum tax on e-cigarettes and raise excise duties on tobacco products, proposed by Commissioner Wopke Hoekstra. The plan faces opposition from countries with lower tax rates and those investing in innovative tobacco. Italy warns against hindering innovation, as sharp tax hikes could increase smuggling. Concerns are raised over proposed high taxes on new tobacco products lacking EU regulation. The push for a unified EU policy on alternative tobacco products is suggested to address rising smuggling issues. Drastic tax hikes may not be suitable now, as they could strain resources and enforcement without substantial benefits.
