The tax will almost double to 1,050 won (6.12 yuan) per milliliter from the current 525 won.
According to the Ministry of Health and Welfare, the cabinet has recently approved changes to the National Law on Health Promotion, which will take effect on January 1, 2021.
Administration officials say the changes aim to impose a fairer tax on different types of tobacco products.Currently, e-cigarettes are taxed at 43 percent of the rate of traditional cigarettes.
According to data from Essence Securities Research Report, in 2019, the globa...
In July 2017, the FDA first announced PMTA (pre-marketing review of tobacco) ...
Korea: Tobacco is highly marketized and KTG aims to expand its global HNB bus...
Analysis of new tobacco market in Japan and South Korea1Recently, Huachuang S...
We should be optimistic about future regulationThe tax represents the formal ...
While e-cigarette devices are known to be legal in Australia, the sale and po...