Singapore Government to Increase Tobacco Tax in 2023

Feb.15.2023

Singapore Government to Increase Tobacco Tax in 2023

Singapore to raise tobacco tax by 15% from Feb 2023, to curb consumption and generate an extra $100m annual tax revenue.

The Singapore government will be increasing the consumption tax on all tobacco products by 15% starting from February 14, 2023. According to Finance Minister Lawrence Wong's budget speech, this move aims to curb consumption.

According to Wong, it is expected that this increase will bring about an additional annual tax revenue of approximately $100 million.

Singapore last raised its tobacco tax in 2018, which saw a 10% increase.

#North America #United States #Market #Disposable e-cigarettes #Singapore #E-cigarette Taxes

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.

China Tobacco Regulation Shift：Policy Updates and Market Impact

China Tobacco Regulation Shift：Policy Updates and Market Impact

Glas, the FDA, and the Future of Flavored ENDS

Glas, the FDA, and the Future of Flavored ENDS

Special Report | Tax Veteran Takes Helm at China’s Tobacco Regulator, Leadership Change Fuels Reform Watch

Special Report | Tax Veteran Takes Helm at China’s Tobacco Regulator, Leadership Change Fuels Reform Watch

China’s tobacco system has appointed a new top internal leader with a long background in public finance and taxation, drawing renewed attention to whether the country’s tobacco monopoly may enter a new phase of reform debate. The appointment itself does not signal a defined policy shift.But it places a veteran fiscal official at the center of a key state sector amid unresolved questions on tax reform, structure, and emerging tobacco products.

Philippine DTI Says Flavored Vape Products With Minor-Appealing Descriptors Are “100 Percent Smuggled”

Philippine DTI Says Flavored Vape Products With Minor-Appealing Descriptors Are “100 Percent Smuggled”

A Philippine Department of Trade and Industry official told a Senate hearing on vaping regulations that flavored vape products marketed with descriptors attractive to minors are “100 percent smuggled” and did not pass the agency’s licensing process.

Mar.16 by 2FIRSTS.ai

Nigeria’s House of Representatives Plans to Amend the National Tobacco Control Act to Close Regulatory Gaps on E-cigarettes and Other Emerging Nicotine Products

Nigeria’s House of Representatives Plans to Amend the National Tobacco Control Act to Close Regulatory Gaps on E-cigarettes and Other Emerging Nicotine Products

Nigeria’s House of Representatives said it will review the National Tobacco Control Act to address regulatory gaps around emerging nicotine products such as e-cigarettes and to strengthen border controls and enforcement coordination. A relevant committee visited the headquarters of the Nigeria Customs Service, stressing linkage and cooperation among the NDLEA, NAFDAC and Customs.

Feb.26 by 2FIRSTS.ai

Andy Tan Named 2026 SRNT Fellow for Contributions to Nicotine Research

Andy Tan Named 2026 SRNT Fellow for Contributions to Nicotine Research

Andy Tan, Ph.D., has been named a 2026 Fellow of the Society for Research on Nicotine and Tobacco (SRNT), an international professional association dedicated to advancing nicotine and tobacco research. Fellows are selected for outstanding research contributions as well as leadership, mentoring, and policy engagement within the field.

UK Opens Applications for Vaping Products Duty and Duty Stamps Scheme From April 1

UK Opens Applications for Vaping Products Duty and Duty Stamps Scheme From April 1

HM Revenue and Customs announced that from April 1, 2026, UK vaping product manufacturers, importers and warehousekeepers can apply for approval under Vaping Products Duty (VPD) and the Vaping Duty Stamps Scheme (VDS). Under new GOV.UK guidance, Vaping Products Duty will take effect on October 1, 2026 and will apply to all vaping liquids, whether they contain nicotine or not.

Apr.02 by 2FIRSTS.ai

Nebraska weighs child-safety lock requirement for vapes sold in the state

Nebraska weighs child-safety lock requirement for vapes sold in the state

Nebraska lawmakers heard testimony on LB1254, which would require electronic smoking devices sold in the state to include built-in child safety features. Violations would be a Class IV misdemeanor carrying a fine of up to $500. Supporters argued young children can easily activate unprotected devices by inhaling, risking exposure to nicotine and other toxic chemicals, and said safeguards should mirror child-resistant measures used for medications and other household products.

Feb.28 by 2FIRSTS.ai

Related Topics

News

Related Read

Special Report | Tax Veteran Takes Helm at China’s Tobacco Regulator, Leadership Change Fuels Reform Watch

Special Report | Tax Veteran Takes Helm at China’s Tobacco Regulator, Leadership Change Fuels Reform Watch

Philippine DTI Says Flavored Vape Products With Minor-Appealing Descriptors Are “100 Percent Smuggled”

Philippine DTI Says Flavored Vape Products With Minor-Appealing Descriptors Are “100 Percent Smuggled”

Nigeria’s House of Representatives Plans to Amend the National Tobacco Control Act to Close Regulatory Gaps on E-cigarettes and Other Emerging Nicotine Products

Nigeria’s House of Representatives Plans to Amend the National Tobacco Control Act to Close Regulatory Gaps on E-cigarettes and Other Emerging Nicotine Products

Andy Tan Named 2026 SRNT Fellow for Contributions to Nicotine Research

Andy Tan Named 2026 SRNT Fellow for Contributions to Nicotine Research

UK Opens Applications for Vaping Products Duty and Duty Stamps Scheme From April 1

UK Opens Applications for Vaping Products Duty and Duty Stamps Scheme From April 1

Nebraska weighs child-safety lock requirement for vapes sold in the state

Nebraska weighs child-safety lock requirement for vapes sold in the state