Home » Electronic cigarettes, tax revenue to grow by 22 million in 2022

Electronic cigarettes, tax revenue to grow by 22 million in 2022

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Electronic cigarettes, tax revenue to grow by 22 million in 2022

by Verità&Affari editorial team

In 2022 the revenue from consumption tax on liquid inhalation products it more than doubled. According to what was reported in Blue Book 2022 of the Customs and Monopolies Agencythe income were equal to 39,626,378.89 euros, without considering the related VAT revenue, for a growth of 123.40% compared to the previous year. L‘The Treasury therefore collected around 22 million more than in 2021 when the revenue was less than 18 million euros.

For ANAFE – Confindustria, the national association of electronic smoke producers, the surge in revenue is mainly due to the fiscal policies to stabilize excise duties on the sector. This approach, which has always been supported by ANAFE towards institutional stakeholders, has contributed to the creation of a fiscal and regulatory framework which is positioned as a point of reference at European level. This not only favors the development of one of the most relevant Made in Italy supply chains, but also constitutes an effective tool to combat elusive and smuggling phenomena.

“These numbers tangibly highlight that a targeted approach to stabilizing e-cigarette taxation it brings benefits for the entire supply chain in industrial and employment terms, also contributing positively to the Treasury’s revenue and above all to the protection of consumer health. Maintaining a balanced and sustainable tax level for the industry guarantees growing tax revenue, while at the same time avoiding the real risk of impoverishing a significant asset for Made in Italy. For the future we hope for continuity with the choices made so far. We are convinced that they will contribute to gradually increasing revenues for the Treasury in the coming years, at the same time promoting the continuous development of a sector that employs around 50,000 people through the planning of further investments and the creation of new jobs”, he comments Umberto Roccatti, president of ANAFE Confindustria.

“He also comes effective consumer protection is guaranteed, who are not encouraged by lower prices to turn to unofficial and smuggled supply channels, risking purchasing products that do not comply with health regulations, which would risk causing serious damage to their health“, concludes the president. (Teleborsa)

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