Spanish anti-smoking entities are urging the local government to extend the new Tobacco Act to include a tax scheme for e-cigarettes.
Last year, Spain’s Ministry of Finance said it wanted to tighten the tobacco regulatory framework, so as to be in line with WHO and EU TPD standards, particularly with regards to regulations concerning vaping products and other electronic devices.
The draft of the new tobacco bill may be expected to be ready by September 2020, and the new Tobacco Act is expected to be approved by the end of 2021.
The umbrella organisation- the National Committee for the Prevention of Smoking (Comité Nacional para la Prevención del Tabaquismo (CNPT) has prepared a report for the Ministry of Health suggesting an excise duty based on both volume of e-liquid and nicotine content. It is proposing a general e-liquid tax at the EU average rate of €0.15 per ml, with an additional element for nicotine content at €0.006 per mg.
The group said that with an average tax rate of 35.6%, the Spanish government could collect €35m in revenue a year from the tax.
Diane Caruana – VapingPost – YYYY-MM-DD.
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