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The sales taxes on cigarettes, other tobacco products, and e-cigarettes raises about $400 million annually, with the proceeds going both to the state and local governments
Release Date: 26-04-2024
They are now providing tobacco companies with tax exemptions worth over 300 million New Zealand dollars (approximately $180 million), while their promised assessment, which should have checked if it is beneficial, is nothing but a farce. Costello reduced the tax rate for HTPs by 50% in 2024 with the aim of encouraging people to switch from traditional cigarettes to HTPs by lowering their prices
This applies both to the range of toxins and the doses that the vape delivers
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