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.

 

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