BUSINESS China to impose consumption tax on e-cigarettes

BUSINESS

China to impose consumption tax on e-cigarettes

China Daily

16:42, October 25, 2022


A visitor checks out an e-cigarette during an exhibition in Shenzhen, Guangdong province. (Photo provided to China Daily)

The Ministry of Finance said on its website on Tuesday that it will impose a consumption tax on e-cigarettes sold in China from Nov 1, so as to better guide healthy consumption.

A tax rate of 36 percent will be placed on the production or import of e-cigarettes, while an 11 percent of tax will be placed on the wholesale distribution of e-cigarettes, the ministry said.

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