ITALY: Tax benefits for electronic cigarette shops.
ITALY: Tax benefits for electronic cigarette shops.

ITALY: Tax benefits for electronic cigarette shops.

In Italy, two new tax measures could well affect companies and shops linked to the vaping sector. In fact, in addition to the advertising investment tax deductible up to 90% maximum, it will be possible to obtain advantages when using innovative methods such as vending machines.


VAPE COULD BENEFIT FROM TAX ADVANTAGES IN ITALY


It is our Italian colleagues from " Sigmagazine Who disclosed the information. A text published yesterday in the official journal presents two new tax measures that could affect the vaping sector. Law Decree 50, coordinated with Conversion Law 96/2017, grants significant tax deductions to companies that communicate and advertise in print media. However, regarding vaping, the restrictions imposed by the TPD (European Tobacco Directive) apply, so only professional media (B2B) will be able to benefit from these advantages.

Also, investment in innovative tools such as vending machines may be deductible up to 250%. Vape shops can, for example, obtain these advantages after purchasing an automatic e-liquid or e-cigarette dispenser.

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Passionate about journalism, I decided to join the editorial team of Vapoteurs.net in 2017 in order to mainly deal with vape news in North America (Canada, United States).