Russia to Impose Digital Consumption Tax on Nicotine and Beer

May.25.2023

Russia plans to start levying digital consumption tax on nicotine products and beer starting in Q1 2024.

According to a report from TASS, the Russian Finance Ministry has revealed plans to introduce a digital consumption tax on products containing nicotine and beer from the first quarter of 2024.

According to the document, the Russian Ministry of Finance has requested approval to stop using the Federal Excise Stamp Tax on tobacco products starting in 2024.

According to reports, Alexei Sazanov, the Deputy Minister of Finance, has stated that the government will determine the main direction of tax policies and develop relevant bills by the end of May.

The Ministry of Finance's document had previously been withdrawn by the cabinet for revisions. The revised content includes new procedures concerning the taxation authorities' evaluation of foreign individuals holding bank deposits and custodial accounts, simplification of pre-litigation tax dispute resolutions, and proposals for tax reductions for different types of taxpayers.

Reference:

Russian authorities have announced plans to phase out paper excise stamps for beer and tobacco products.

#Europe #Regulation #Switzerland #E-cigarette Taxes #Nicotine e-cigarettes #Nicotine-containing e-cigarettes

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

VCU Tests Nearly 1,300 School-Confiscated Vapes, Finding Mislabeling, Mixed Cannabinoids and Contamination

New research from Virginia Commonwealth University (VCU) found microbial contamination — including coliform, a bacteria indicating fecal exposure — in some vaping devices confiscated from U.S. schools. However, researchers stressed that newly purchased, unopened vapes showed no such contamination. The findings point to risks linked to unregulated products and improper storage conditions, reinforcing the importance of regulated supply chains and product authentication.

News

Dec.01

Bloomberg-Backed Campaign Wins as Denver Votes to Ban Flavored Nicotine

Denver voters have upheld the city’s ban on flavored nicotine products—including fruity vapes and menthol cigarettes—with 72% in favor during the Nov. 4 election. The “Yes on 310” campaign, backed by $5 million from Michael Bloomberg, celebrated the result as a major victory for youth health. Opponents, mostly local vape shop owners, warned of economic harm and called the spending imbalance unfair.

Nov.05 by 2FIRSTS.ai

Canadian Media Investigation: BAT’s Nicotine Pouch ZONNIC Sparks Ongoing Controversy as Regulatory Gaps in Canada Come Under Scrutiny

Canadian outlet Rebel News released a long-form video report examining Canada’s regulatory framework for nicotine pouches, market dynamics, and the approval process of ZONNIC, a product of BAT subsidiary Imperial Tobacco Canada. The report highlights issues involving youth access, regulatory gaps, black-market activity, retailer feedback, and company responses. This article summarizes key points based on the video.

Dec.02 by 2FIRSTS.ai

Harm Reduction Experts Warn: FCTC COP11 Policies Risk Marginalizing the Global South

Two global tobacco harm reduction experts, in their submission to 2Firsts, argue that several COP11 policy proposals driven by high-income countries do not align with the capacities and conditions of low- and middle-income countries. They highlight research and funding gaps and call for a more equitable global support mechanism.