the package will cost 20 cents more – Corriere.it

the package will cost 20 cents more – Corriere.it
the package will cost 20 cents more – Corriere.it
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From 2023 the price of cigarette packs will increase. After two years of no tax increases, a provision inserted in the draft of the Budget law raises the so-called specific excise duty, which in Italy at the lowest levels in Europe, from 23 to 36 euros per 1,000 cigarettes in 2023, to 36, 50 euros per 1,000 cigarettes in 2024 and 37.00 euros per 1,000 cigarettes starting from 2025. This implies an increase of about 20 cents per pack in the first year and between 10 and 15 cents in the following three years.

20 cents extra per packet

With the new regulation there will therefore be an increase in the fixed part which entails an automatic reduction in the variable part of the excise duty and which, on balance, translates into an average increase in prices, considering both high-end and low-end products, about 20 cents a pack the first year and 10-15 cents over the three years on average.

Electronic cigarettes: what changes

The new taxation will not only affect traditional cigarettes, but also those who use heated tobacco electronic cigarettes. In this case it is about 8 cents per ml for e-cigs without nicotine and about 13 euro cents per ml for products with nicotine. In the wake of the last few years, finally, the tax on heated tobacco continues to increase. Over the four years it amounts to 10-15 cents. According to some estimates, the entire operation would generate revenues of over 100 million a year for the state.

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The article is in Italian

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