South Korea: Eleven MPs from the ruling party, the People’s Power Party, introduced a bill last week seeking to reduce the National Health Promotion Tax applicable to nicotine pouches from KRW534.5 ($0.40) per g to KRW294.4 ($0.22) per 20 pouches, as, according to them, consumer accessibility to these reduced-risk products is burdened by an excessively high tax.
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