According to the Irish Times, Irish Finance Minister Michael McGrath has announced that e-cigarettes will be taxed starting next year to help address what he described as "deceptive" practices by manufacturers targeting young people.
During an interview on RTÉ's "Today with Claire Byrne Show," McGrath confirmed that the Department of Finance has begun working with the Revenue Commissioners to announce a tax on e-cigarettes in the next budget and to implement it starting next year.
This is consistent with the announcement in last October's budget that e-cigarettes and e-cigarette products will be taxed in the 2025 budget.
Mr. Magras acknowledges that for some people, e-cigarettes are seen as a smoking cessation method that poses a greater risk to public health, but he also points out that the long-term effects of e-cigarettes are still largely unknown.
He said that the proposed taxes by the Ministry of Finance must align with the policies of other departments such as the Ministry of Health and Ministry of Environment regarding e-cigarettes.
"What I am doing is taking a comprehensive approach to solicit opinions from various government departments to ensure that our policy positions are completely consistent. However, I believe this will lead to the announcement of new tax types in the next budget and their implementation next year," he said.
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