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The Ministry of Finance's document had previously been withdrawn by the cabinet for revisions.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.

Switzerland's Geneva to enforce ban on disposable e-cigarettes following court ruling

The Canton of Geneva has begun enforcing its ban on disposable e-cigarettes (“puffs”) after the cantonal court rejected industry appeals to suspend the law. Passed on August 29 by the Grand Council, the ban will now be actively monitored by trade inspectors, while a similar measure is already in force in Valais.

Nov.07 by 2FIRSTS.ai

Expert Warns in 2Firsts Op-ed: Proposed COP11 Ban on Nicotine Pouches Would Be a Global Public Health Mistake

As global delegates prepare for COP11, a leaked EU position paper has sparked fresh debate over the future of nicotine pouch regulation. In an exclusive op-ed submitted to 2Firsts, Dr. Nveed Chaudhary, Chair of GINN’s Scientific Committee, argues that banning nicotine pouches would be a profound public health mistake—one that ignores harm reduction science and risks reversing global progress in smoking cessation.

Nov.03

UK Experts Raise Concerns Over High-Dose Nicotine Pouches Amid Rising Sales

According to The Guardian, health experts in the UK are warning about the potential health effects of high-dose nicotine pouches as their sales continue to rise. Recent studies show teenagers reporting nicotine rushes, sickness and fainting, while researchers say packaging and marketing increasingly appeal to younger age groups. Although viewed as less harmful than cigarettes, experts remain concerned about their use among non-smokers, especially adolescents.

Nov.13 by 2FIRSTS.ai

RLX Technology Inc. (NYSE: RLX) Q3 2025 Financial Results: Net Revenue US$158.6 Million; International Business Accounts for 72%

RLX Technology Inc. (NYSE: RLX) announced its unaudited financial results for the third quarter of 2025. The company reported net revenue of RMB 1.13 billion, up 49.3% year-on-year, and adjusted net profit of RMB 295.4 million, up 1.4% quarter-on-quarter. International business contributed 72% of total revenue, reflecting robust financial performance and continued shareholder returns.

Nov.14