VAPING NEWS: SOUTH KOREA [Vape Tax Increase]

“The Korean government said Wednesday that taxes on liquids for use in electronic cigarettes, also called “e-liquid” or “vape juice,” will nearly double starting next year. The “health promotion tax” on nicotine solutions, which are heated in the battery-powered devices to produce vapor instead of smoke, will be raised from the current 525 won (45 cents) to 1,050 won a milliliter. The changes to the national health promotion laws were approved by the Cabinet recently, according to the Ministry of Health and Welfare, which are set to come into effect Jan. 1, 2021.”

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Taxes on vaping to double next year

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Author: Bill Tarling