Korea passes bill to increase tax on HnB products

So far, South Korea had categorized e-cigarettes differently than their combustible counterparts, hence iQOS is currently levied at a lower tax rate than the 75% imposed on regular cigarettes. Then last October, Korea’s National Assembly’s finance committee discussed the possible implementation of a tax on Heat-not-Burn (HnB) products, that would match the one imposed on … Continue reading Korea passes bill to increase tax on HnB products