China’s New Vape Tax May Not Affect Prices in Other Countries

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The Chinese government will begin taxing vaping products beginning Nov. 1. The news came in a joint announcement by the Chinese Ministry of Finance, General Administration of Customs and State Taxation Administration.

The two-pronged levy will include a 36 percent tax on the production or import of e-cigarettes, and a separate 11 percent tax on wholesale distribution (in China), according to multiple news sources.

The tax marks almost a year of upheaval for Chinese vapers and the vaping industry, during which the government assumed tight control of the Chinese domestic vaping market, imposing manufacturing standards and limiting Chinese residents’ vaping product choices.

Will the tax affect vapers in other countries?

While details are sketchy, some news outlets are reporting that products manufactured for export may escape the taxes. According to Global Times, the government press release stated that an “export tax refund and exemption policy will be applicable for taxpayers exporting e-cigarettes.”

Read full article here.

Jim McDonald – Vaping360.com – 2022-10-25.

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