The French Senate approved an amendment to increase tobacco product taxes on the 21st. This tax reform is intended to raise funds for the 2025 Social Security budget, according to Connexion France's report on November 22nd.
The purpose of this measure is to increase funding for the French social security budget facing a deficit of 16 billion euros next year, while also reducing consumption of such products through fiscal means to alleviate pressure on healthcare services.
The recent tax increase will raise the average price of a pack of cigarettes to 12.7 euros by 2025, which is 40 cents higher than originally estimated in last year's anti-tobacco plan. It is projected to increase tax revenue by about 200 million euros annually. The French government aims to raise the price of cigarettes to 13 euros by 2027.
In addition to tobacco, other tobacco products such as nicotine pouches and chewing gum will also face increased taxes, the Health Minister said that taxes should be increased on these products before they are banned.
We welcome news tips, article submissions, interview requests, or comments on this piece.
Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn
Notice
1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.
2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.
3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.
4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.
Copyright
This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.
For copyright-related inquiries, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.
We welcome any corrections or feedback. Please contact us at: info@2firsts.com
