Israel: As part of the
2024 budget plan, yesterday (3rd March) the tax authority
announced an increase in the excise duty on e-liquids and disposable e-cigarettes, with tax hikes in two stages. In the first stage, from today (4th March) new rates are set at 145% of the wholesale price plus ILS5.66 ($1.59) per ml, up to a total limit of ILS10.04 ($2.82) per ml. In the second stage, from 1st July, the tax will rise to 270% of the wholesale price, plus ILS10.49 ($2.94) per ml, up to a total limit of ILS18.60 ($5.22) per ml. The duty was previously 145% of the wholesale price, plus ILS4.80 ($1.35) per ml, up to a total limit of ILS9.20 ($2.58) per ml.