The prices of electronic cigarette products are set to increase due to a new tax that will come into effect in July.
The tax on electronic cigarettes with pre-filled cartridges will be 15% of the wholesale price, while other electronic cigarette products will be subject to a 15% retail tax.
Lawmakers added new taxes in the 2021 budget, but lowered taxes on electronic vape products a year before the new tax policy took effect, in order to achieve a more balanced tax burden across different products.
Health experts widely criticized this change.
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