EC takes Hungary to court over cigarette excise tax
Hungary was allowed a long transitional period until December 31, 2017, in order to gradually increase the excise duty on cigarettes and reach the required minimum threshold, recalled a press release on the Commission website.
Currently, the excise duty applied by Hungary remains below the EU threshold, generating distortions of competition with other Member States, and is at odds with EU health protection policy, it noted.
Wednesday, January 22, 2020
How opponents of vaping aid and abet Big Tobacco
Many opponents of vaping think the practice is a big tobacco conspiracy to keep people smoking and hook more kids. The reality is that vaping is a huge and disruptive threat to the tobacco industry. Campaigns against vaping support the cigarette market and are a huge gift to Big Tobacco.
For over a century, tobacco companies have run an incredibly lucrative cartel, selling an addictive product. Tobacco stocks have been the best performing segment of the stock market for over a century in spite of all-out tobacco control activities.