Bloomberg Tax
Feb. 17, 2021, 4:40 PM

Vaping Products Face Tax Hike Under German Tobacco Law Update

Barbara Tasch
Barbara Tasch
Freelance Correspondent

Smokers buying e-cigarette products in Germany could face higher taxes under a new proposal.

The German Finance Ministry on Tuesday released a draft lawthat would update tobacco taxes for the first time in a decade.

  • Under the proposal, e-cigarette substances containing nicotine would be taxed like tobacco starting July 1, 2022.
  • For 2022 and 2023, substances containing nicotine would be taxed at 0.02 euros per milligram of nicotine alkaloids. That would rise to 0.04 euros per milligram in 2024.
  • An additional tax on heat-not-burn products would also be introduced on Jan 1, 2022, to ensure a similar rate as ...