Imports of e-cigarettes rose sharply since conventional tobacco tax hike in 2015: data
Imports of electronic cigarettes more than doubled after the government raised taxes on conventional tobacco in 2015 to discourage smoking, government data showed Tuesday. Industry sources attribute the sharp rise to smokers switching to e-cigarettes which are exempted from higher taxes. The government increased taxes on cigarettes by 2,000 won ($1.70) per pack from Jan. 1, 2015, raising the price to 4,500 won per pack, and compelled tobacco companies to place graphic images showing the harmful effects of smoking on the upper part of cigarette packs in 2016. (Yonhap) Imports of electronic cigarette liquids reached 243 tons or 16 billion won ($13.9 million) between January 2015 and August...
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