Smokers and Vapers Face Price Shock Under Brussels Tax Plan

Smokers and Vapers Face Price Shock Under Brussels Tax Plan

Brussels is preparing to drive up the price of nicotine products across Europe with a sweeping tax hike that several governments say was written by activists, not elected officials. The draft, prepared by the Danish EU presidency in coordination with the European Commission, would raise the minimum tax on heated tobacco from the €155 per kilogram originally put forward by the Commission to €360 per kilogram and impose a mandatory minimum tax of …