VAPING NEWS: MALAYSIA [Increase Vape Regulations To Protect Tax Revenue]

“The ministry was replying to Kapar MP Datuk Abdullah Sani Abdul Hamid, who had asked the ministry to state its commitment in helping the vape industry which he said was worth more than RM500 million annually and had allegedly created job opportunities for 50,000 Malaysians while also voicing the potential for this industry to generate income for the country through tax. The ministry however responded by saying that such a claim on the alleged economic benefits of the vape industry in Malaysia has to be re-evaluated, before pointing out the additional costs that the government may have to bear as a result of the vape industry and activities. “It is feared that the government’s intentions to generate revenue from taxing electronic cigarettes will not give the returns as hoped for”

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MOH fears vaping will cost Malaysia more than potential tax income, seeks tight controls on industry

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Author: Bill Tarling