Vapouround magazine ISSUE 15 | Page 22

NEWS 1 YEAR'S GRACE VA P E R S A N D VA P E C O M PA N I E S B R E AT H E A S I G H O F R E L I E F A S THE EU DELAYS AN UNPOPULAR TAX After a long, arduous process of nervous speculation and preparation for the worst, vape companies in the EU are enjoying something of a reprieve, as the European Union has elected to withhold a new excise on vaping products. A January 10 report titled “Report from the Commission to the Council on Directive 2011/64/EU on the structure and rates of excise duty applied to manufactured tobacco, ” provided the good news. In the eight-page document, the European Commission revealed that there has been no settled proposal on how a new tax can be formed and imposed, with the main reason being a lack of available, conclusive information on e-cigarettes. “The main reasons are the lack of data necessary to underpin a proposal for harmonised taxation of e-cigarettes and the fact that some issues identified in the evaluation of 2014 have since been solved at national level or have been settled.” The delay also excludes heat-not-burn tobacco products from further taxation, though this was mainly due to a relative lack of heat-not-burn users (fewer than half a million). The delay is a relief, but not a permanent one for the European vape industry and its trading partners. With more precious time on the table, another opportunity for organising and lobbying has arisen, and certain 22 | VM15 trade bodies are rising to the challenge. They have a year to make all the difference they can. “The question whether there is a need to propose a harmonised explicit category for e-cigarettes and heat-not-burn tobacco products will be re-considered in the context of the next REFIT evaluation and report on the directive due in 2019.” Despite this roadblock, the Commission is still committed to enforcing a minimum excise duty on combustible cigarettes which will likely contribute to their continued decline. Vaping will, however, remain under evaluation and it is reasonable to expect a definite step to be taken in 2019: “The REFIT evaluation will cover the outstanding issues which the external study could not conclude on including e-cigarettes and heat-not-burn tobacco products. It is expected that more information will become available from, among other sources, the reporting obligation under article 20 of the Tobacco Products Directive. The Commission will therefore continue to monitor the developments related to e-cigarettes and heat-not-burn tobacco products.” The full report can be accessed at ec.europa.eu. For further details on the difficult and often stalling process of drafting and imposing an appropriate excise tax for vaping, see our feature interview with IBVTA Chairman Fraser Cropper.