Finland tobacco tax to rise nearly 30% over three years, e-cigarettes unaffected

Nov.04.2024
Finland tobacco tax to rise nearly 30% over three years, e-cigarettes unaffected
The Finnish government plans to gradually increase the tobacco tax from November 1, 2024, through 2027 in six stages, with a total expected rise of 27.1%. This measure aims to generate approximately 100 million euros in additional revenue, but nicotine pouches and e-cigarette products will remain unaffected.

The Finnish government will gradually increase tobacco taxes from now (November 1) until 2027, according to a report by Yle News on November 1.

 

The tax increase will be carried out in six stages, ultimately raising the price of a pack of cigarettes to over 13 euros. The Finnish government plans to increase tobacco taxes twice a year until July 2027, resulting in a total increase of 27.1%.

 

By increasing tobacco tax, the government expects to generate approximately 1 billion euros in additional revenue.

 

This tax increase applies to cigarettes, loose tobacco, pipe tobacco, cigars, and cigarillos. However, nicotine pouches and e-cigarette products are not affected by this tax hike.

 

Notice

1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.

2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.

3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.

Copyright

This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.

This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.