Greek Government Implements Tax Adjustments for Nicotine-containing Products

Regulations by 2FIRSTS.ai
Nov.22.2023
Greek Government Implements Tax Adjustments for Nicotine-containing Products
Greece adjusts taxes on nicotine-containing non-tobacco products, aligning them with tobacco products, to address consumption shift towards heated tobacco and e-cigarettes.

According to data from the Greek Ministry of Economy and Finance, they are making tax adjustments to non-tobacco products containing nicotine to make them similar to tobacco products. This includes tax adjustments on "non-combustible electronic products" and "nicotine pouches.

 

A special consumption tax of 156.7 euros per kilogram has been implemented for non-tobacco nicotine heating products. This tax rate is the same as that applied to traditional tobacco heating products such as IQOS. For nicotine pouches, on the other hand, the special consumption tax is lower, set at 50 euros per kilogram. The tax base is determined by the net weight of nicotine or nicotine and other substances, calculated in solid form. Both types of nicotine products are subject to a 24% value-added tax.

 

According to data, traditional smoking in Greece has decreased by one-third over the past 20 years. In 2021, Greek smokers consumed 11.5 billion cigarettes, compared to 32 billion in 2002. This means that each resident consumed approximately 1,100 cigarettes, compared to approximately 3,000 cigarettes per resident in 2002.

 

According to a report, Greek consumers have recently shown a clear shift towards heated tobacco products and e-cigarettes.

 

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

Australia Cracks Down on Illegal Vapes: Melbourne Retail Store Caught with $30,000 Worth of Goods
Australia Cracks Down on Illegal Vapes: Melbourne Retail Store Caught with $30,000 Worth of Goods
Australian authorities have intensified efforts against the illegal vape trade, with the Therapeutic Goods Administration (TGA) and Victoria Police seizing around AUD 40,000 (USD 30,000) worth of illegal e-cigarettes from a well-known retail store in central Melbourne. Additional illegal tobacco and cash were also discovered on-site
Aug.18 by 2FIRSTS.ai
American Journal of Public Health: California E-cigarette Sales Drop 37%, Illegal Menthol Disposable Products See Significant Growth
American Journal of Public Health: California E-cigarette Sales Drop 37%, Illegal Menthol Disposable Products See Significant Growth
A study published in the American Journal of Public Health shows that since California implemented a flavored tobacco ban in 2023, the average per capita nicotine sales from e-cigarettes have dropped by 37%, with cigarette sales falling by 10.6%. Illegal flavored products, such as disposable e-cigarettes, continue to circulate, with a significant increase in products marketed as 'fresh' or 'flavorless'.
Aug.04 by 2FIRSTS.ai
Special Report | The Global Flavor Shift: How Changing Tastes Are Driving Nicotine Product Innovation
Special Report | The Global Flavor Shift: How Changing Tastes Are Driving Nicotine Product Innovation
The global nicotine industry is undergoing a profound transformation driven by shifting consumer tastes and evolving regulations. From shisha to nicotine pouches, flavor innovation is creating new opportunities across different product segments, redefining consumer preferences and shaping the future of nicotine worldwide.
Jul.09
2Firsts Interview | CEO George Cassels-Smith Reflects on Tobacco Technology’s 50 Years in the Nicotine Flavoring Business
2Firsts Interview | CEO George Cassels-Smith Reflects on Tobacco Technology’s 50 Years in the Nicotine Flavoring Business
Over the past 50 years, TTI has specialized in nicotine flavor development across categories like e-cigarettes and oral products. In this interview, CEO George Cassels-Smith discusses the role of flavors in harm reduction, regional flavor preferences, and how the industry is evolving toward a fusion of science and art.
Aug.13
Massachusetts Proposes Ban on Tobacco Sales to Anyone Born After 2006, Sparking Debate
Massachusetts Proposes Ban on Tobacco Sales to Anyone Born After 2006, Sparking Debate
Massachusetts lawmakers are weighing a bill to create a “nicotine-free generation” by banning tobacco sales to anyone born on or after January 1, 2006. While some cities have adopted similar measures, critics argue it restricts personal freedom and hurts local businesses. Supporters say the law would protect future generations from targeting by Big Tobacco.
Jul.17 by 2FIRSTS.ai
South Korean Parliament Passes Bill Banning E-Cigarette Vending Machines Near Schools
South Korean Parliament Passes Bill Banning E-Cigarette Vending Machines Near Schools
On July 23, South Korea passed a bill banning e-cigarette vending machines in school zones. Previously unregulated due to classification gaps, e-cigarettes are now included under the revised Education Environment Protection Act to better protect student health.
Jul.25 by 2FIRSTS.ai