Due to the tax reduction of the BAT Pécsi Tobacco Factory e-cigarette black market may be reduced

By: Trademagazin editor Date: 2020. 01. 29. 11:07

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In Hungary, it is estimated that 80-85 percent of e-cigarette sales come from the black trade, which, according to industry estimates, causes more than 6 billion HUF excise tax and VAT losses and 3 billion HUF revenue losses for retailers.

One of the most effective measures against black trade may be the reduction of excise duty on nicotine refill liquids in March – the BAT Pécsi Tobacco Factory (BAT Pécsi Dohánygyár) told MTI on Wednesday. (MTI)