According to TASS on July 3, according to the text of the second reading amendment to the Russian tax reform bill, it is planned to increase tobacco taxes by an average of 4.7% in 2025.

According to the amendment, the tax rate on cigarettes and cigars is planned to increase to 2,945 rubles ($33.28) per thousand sticks plus 16% of the calculated cost (not less than 4,000 rubles [45.20 US dollars] per thousand sticks) in 2025, to 3,063 rubles ($34.61) plus 16% (not less than 4,160 rubles [47 US dollars] per thousand sticks) in 2026, and to 3,186 rubles ($36) plus 16% (not less than 4,326 rubles [48.88 US dollars] per thousand sticks) in 2027.

In addition, the tax on heated tobacco is planned to be set at 9,807 rubles ($110.81) per kilogram in 2025, 10,199 rubles ($115.24) in 2026, and 10,607 rubles ($119.85) in 2027.

In addition, the tax rate on vape oil is planned to be increased to 44 rubles ($0.5) per milliliter in 2025, 46 rubles ($0.52) in 2026, and 48 rubles ($0.54) in 2027.

Excise tax is an indirect tax on domestic consumer goods.

Recent reports show that according to amendments to the Russian tax reform bill, Russia plans to increase tobacco taxes in 2025, including vape oil taxes. This move is aimed at increasing tax revenue and implementing stricter regulation of tobacco and related products.

As an vape brand active in the Russian market, Veehoo vape is well aware of the impact of tax reform on the industry and consumers. Veehoo vape has always been committed to providing high-quality and reliable products, and pays attention to cooperation with relevant local institutions. They will continue to fulfill their social responsibilities and strive to ensure that their products comply with relevant regulations and tax policies.

Although the increase in the tax rate of vape oil may bring certain challenges to Veehoo vape and its consumers, Veehoo vape will spare no effort to maintain the stability of product quality and price. They will continue to provide high-quality e-liquids that have been strictly tested and certified to ensure that consumers can enjoy a stable vape experience.

In addition, Veehoo vape will also actively seek innovative solutions to reduce production costs and tax pressure, and pass these benefits on to consumers. They will continue to develop and improve technology, improve the efficacy and cost-effectiveness of products, and meet consumers’ demand for reasonable prices and excellent quality.

Tax reform is a challenge that every country may face, but Veehoo vape firmly believes that through cooperation with departments at all levels and the support of consumers, they will be able to adapt and respond to these changes. They will continue to be committed to providing consumers with safe and high-quality vape products and contribute to the stable development of the Russian vape market. At the same time, they also hope that the adjustment of tax policies will promote the healthy development of the industry and provide consumers with better choices and protection.

Tags: Russia will increase the tax rate on vape oil,Russia’s vape tax rate,veehoo vape