Italy: Local media leaked the first draft of the 2023 Budget Bill, which would slightly amend the planned increase in heated tobacco product excise duty for 2023 and the following years. Heated tobacco products would be taxed at 36.5% of the excise duty on the equivalent quantity of cigarettes in 2023, 38% in 2024, 39.5% in 2025 and 41% in 2026. The bill has » Continue Reading.
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