Argentina Government Presents Bill to Increase Tobacco Tax

Regulations by 2FIRSTS.ai
Dec.28.2023
Argentina Government Presents Bill to Increase Tobacco Tax
Argentina government proposes to increase tobacco tax to 73% and impose a 20% tax on e-cigarettes and related products.

The Argentinian government has submitted a bill to Congress to raise the current tobacco tax from 70% to 73%.

 

The bill has also introduced a specific taxation system for e-cigarettes, requiring a uniform 20% tax on the sales of e-cigarettes, other nicotine-delivering devices that are approved and do not require the combustion of tobacco, as well as their corresponding e-liquids.

 

According to the regulations, it is required that the sale and distribution of tobacco, whether sourced domestically or internationally, must be conducted in accordance with government-approved methods.

 

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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.

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