Montenegro to Increase Tobacco Tax to Align with EU Standards

Regulations by 2FIRSTS.ai

Jan.16.2024

Montenegro to Increase Tobacco Tax to Align with EU Standards

Montenegro's government will increase tobacco tax starting February 1 to align with EU standards; further increases planned in July.

According to a report by the local media outlet Seenews, the Montenegrin government will increase the consumption tax on cigarettes and smokeless tobacco products starting from February 1st, in order to align its tax revenue with EU standards.

The specific components will be increased from 49 euros per 1,000 cigarettes to 50.50 euros (55.25 dollars), while the proportional components will remain unchanged.

The consumption tax on smoke-free tobacco products will be increased from 145 euros to 190 euros. It is expected that another increase in the consumption tax, with a similar percentage, will be implemented in early July.

Montenegro is a mountainous country situated in the southwestern part of the Balkan Peninsula in Europe, along the eastern coast of the Adriatic Sea. It is bordered by Serbia to the northeast, Kosovo to the east, Albania to the southeast, Bosnia and Herzegovina and Croatia to the northwest, and the Adriatic Sea to the southwest.

Also Read:

[1] Serious Tax Evasion Discovered in German Shisha Shop

[2] IBVTA: Disposable Ban may Cause 38% Loss on UK Retailers

[3] Colorado Senate Passes Bill Granting Counties Authority to Regulate Flavored E-Cigarettes

#Europe #Traditional tobacco #Legislation #E-cigarette Taxes #Montenegro #FIRSTUNION

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

Spain's Socialist Party proposes gradual decrease of nicotine pouch tax rate to 0.10 euros/gram by 2030

Spain’s Socialist Party (PSOE) has submitted a legal amendment to the Congress proposing a gradual reduction of the excise duty on nicotine pouches. The current rate of €0.10 per gram would be phased in progressively until 2030. The plan sets the rate at €0.02/g in 2026, rising by €0.02 annually until reaching €0.10/g in 2030. PSOE says this measure would mitigate price shocks and make the tax system more progressive.

Nov.04 by 2FIRSTS.ai

EPO Invalidates Philip Morris Heated Tobacco Patent After Imperial Brands Challenge

The European Patent Office invalidated Philip Morris International’s heated tobacco patent, ruling it lacked inventiveness after a challenge by Imperial Brands’ subsidiary Fontem Ventures BV.

Oct.11 by 2FIRSTS.ai

UK Experts Raise Concerns Over High-Dose Nicotine Pouches Amid Rising Sales

According to The Guardian, health experts in the UK are warning about the potential health effects of high-dose nicotine pouches as their sales continue to rise. Recent studies show teenagers reporting nicotine rushes, sickness and fainting, while researchers say packaging and marketing increasingly appeal to younger age groups. Although viewed as less harmful than cigarettes, experts remain concerned about their use among non-smokers, especially adolescents.

Nov.13 by 2FIRSTS.ai

Elf Bar Parent iMiracle to Pull Flavored Vapes From California, Ending Altria Unit NJOY Lawsuit

China’s e-cigarette maker iMiracle, parent company of the Elf Bar brand, has agreed to halt sales of all flavored vaping products in California as part of a settlement with Altria Group’s e-cigarette unit, NJOY LLC, marking the end of a nearly two-year legal dispute.