Italian e-cigarette firms say new tax benefits tobacco

February 27, 2015 10:12 AM

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Italian e-cigarette firms say new tax benefits tobacco

LONDON (Reuters) - Electronic cigarette firms in Italy say a new levy that doubles the price of e-liquid refills unfairly helps tobacco giants like Philip Morris International and will hurt their industry.

The tax, which was adopted in January, is set at half the rate of that on traditional cigarettes. The controversy centers on the fact that the lower rate is applied to both electronic cigarettes and to tobacco products such as Marlboro HeatSticks, which Philip Morris is launching in Italy alongside ...

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