Colombian Congress Proposes Tax Increase on Tobacco Products

Aug.22.2024
Colombian Congress Proposes Tax Increase on Tobacco Products
Colombian Congress plans to increase taxes on tobacco products, including e-cigarettes, to combat youth usage and environmental pollution.

According to Infobae's report on August 21st, the Colombian Congress is planning to increase taxes on tobacco products, including e-cigarettes.


According to the latest research on substance consumption, the usage rate of e-cigarettes among students aged 12 to 18 in Colombia reached 11.2% in the past month. In order to address this issue, Congress proposed a bill on August 21 aimed at increasing taxes on traditional cigarettes and establishing a new tax category for e-cigarettes.


The draft has received support from multiple scientific and civil organizations.


This legislation aims not only to raise the price of Colombian cigarettes to a level comparable to other leading countries in the Americas, but also to implement a unified tax structure for e-cigarettes and their components. This way, all nicotine products will receive fair tax treatment under the new health regulations taking effect this May.


According to data from Colombia's National Administrative Department of Statistics (Dane), tobacco consumption has significantly decreased over the past decade, thanks to similar fiscal measures. It has decreased from 8.3% in 2016 to 5.6% in 2021.


The draft states that promotional activities and price reductions of e-cigarettes have led to a sharp increase in underage consumption, thus necessitating stricter tax policies. The document also mentions that these measures aim to reduce the 34,800 smoking-related deaths annually and raise approximately 1.4 billion Colombian pesos (around 350 million dollars).


The proposal also focuses on targeting the marketing strategies of tobacco companies towards young people and vulnerable groups. Several organizations, including Anáas Foundation, Red PaPaz, Colombian Cancer Association, and National Cancer Institute, have expressed their support for the proposal.


One of the key focuses of this bill is to protect the environment from pollution caused by disposable e-cigarettes and traditional cigarette butts.


These measures have received support from the Pan American Health Organization (PAHO/WHO). At the same time, organizations such as the Colombian Pulmonology Society, Colombian Internal Medicine Association (ACMI), and Colombian Family Medicine Association have also expressed their support.


We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Vapeitalia Partners with UK E-Liquid Brand Vampire Vape to Launch Exclusive Flavors and New Product Line in Italy
Vapeitalia Partners with UK E-Liquid Brand Vampire Vape to Launch Exclusive Flavors and New Product Line in Italy
UK e-liquid brand Vampire Vape is entering the Italian market through an exclusive partnership with Vapeitalia. The collaboration will introduce the brand’s signature flavors Heisenberg and Pinkman, along with the new Purple Craze Ice. At the same time, Vampire Vape’s Bar Salts range will make its Italian debut, offering users a diverse selection of fruit flavors.
Aug.29 by 2FIRSTS.ai
Company|BAT Invests in Expansion of Italian Factory, Adding 16 Production Lines for Heated Tobacco and Nicotine Pouches
Company|BAT Invests in Expansion of Italian Factory, Adding 16 Production Lines for Heated Tobacco and Nicotine Pouches
BAT Italy will expand its Trieste plant, adding 16 new production lines for heated tobacco cartridges, nicotine pouches, and nicotine replacement therapy products. The expansion adds 6,300 m² of space, bringing the total to 30,000 m². This is part of BAT’s €500 million five-year investment plan launched in 2023.
Sep.15 by 2FIRSTS.ai
2Firsts Observation: The GEEKBAR PULSE Series Sees Price Hikes in the U.S., With Some Models Doubling in Price
2Firsts Observation: The GEEKBAR PULSE Series Sees Price Hikes in the U.S., With Some Models Doubling in Price
The price of the GEEKBAR PULSE series has increased on the U.S. retail website, Vape Sourcing. Specifically, the **GEEKBAR Pulse X DTL 25K**'s price rose from $18.99 to $39.79. Additionally, the **Geek Bar Pulse Mintz** increased from $16.99 to $29.90.
Sep.05 by 2FIRSTS.ai
E-cigarette shops in Wisconsin, USA, see sales drop due to new regulations
E-cigarette shops in Wisconsin, USA, see sales drop due to new regulations
Wisconsin's new vape regulations have led to a significant drop in sales and stock for vape shops. The law, which bans most vape products, has forced businesses to remove 80% of their stock. Many top sellers are now off-limits, and some customers are traveling out of state to find the products they want. Despite losing a lawsuit against the Department of Revenue, WiscoFAST continues to fight the regulations, arguing that they unfairly target small businesses.
Sep.08
Cannara Biotech Secures Preliminary Approval in Quebec for Five Vapes, Eyes November 2025 Launch
Cannara Biotech Secures Preliminary Approval in Quebec for Five Vapes, Eyes November 2025 Launch
Cannara Biotech Inc. says five of its cannabis vapes have received preliminary approval from Quebec’s SQDC and are set to launch in November 2025 in stores and online. The products make up 20% of SQDC’s year-end vape offerings and feature premium, additive-free formulas. Cannara’s live resin vapes were Canada’s top-selling premium brand over the past year.
Jul.25 by 2FIRSTS.ai
Company | Philip Morris CEO: Expected profit growth in 2025 will be the highest in over a decade, with ZYN US retail sales up 32%
Company | Philip Morris CEO: Expected profit growth in 2025 will be the highest in over a decade, with ZYN US retail sales up 32%
At the 2025 Barclays Global Consumer Conference, Philip Morris International's CEO said that strong summer sales of IQOS and ZYN will boost the company's full-year 2025 adjusted EPS by 13% to 15%, the best performance since 2011 (excluding pandemic recovery). He also noted that IQOS has maintained strong growth in Q3, with ZYN sales up about 32% in the first eight weeks. The full-year shipment volume is expected to be between 800 million and 840 million cans.
Sep.03 by 2FIRSTS.ai