New taxes in Colombia on heated tobacco, vapour products and combustible cigarettes are expected to bring in as much as COP1tn ($227.3m) annually, making their approval the top agenda item for president Gustavo Petro, according to legislators promoting the hiked levies.

The taxes form part of an ambitious legislative proposal being prepared that aims to tackle social inequality, sustain economic development, and stabilise government finances by reducing debt as well as the fiscal deficit.

Read full article
I'm already a subscriber
Author default picture

TobaccoIntelligence

Our Key Benefits

The global novel nicotine market is in an opaque regulatory environment that requires professionals to be on top of industry developments to make informed decisions and optimise their strategy.

TobaccoIntelligence provides organisations with leading market and regulatory data analysis to anticipate and understand market developments globally and the impact of regulatory changes to the business.

  • Stay informed of any legal and market change in the sector that impacts your organisation
  • Maximise resources by getting market and legal data analysis daily in one place
  • Make smart decisions by understanding how the regulatory and market landscape evolves
  • Anticipate risks in your decisions by monitoring regulatory changes that impact your organisation