Austria plans to impose tax on vapes, with an estimated annual revenue increase of about 100 million euros

According to Prensa Latina on December 11, the Austrian authorities plan to introduce new taxes on vapes to bring more money to the state treasury. Currently, vapes and their cartridges are subject to only 20% sales tax in Austria, without tobacco tax. In contrast, traditional cigarettes are subject to 60% tobacco tax. Hannes Hofer, director […]