Italy: If Parliament fails to approve the 2023 Budget Bill by 31st December 2022, the excise duty increase introduced by the 2021 Budget would apply at least for January 2023. Nicotine-containing e-liquids would be taxed at 25% of the excise duty on the equivalent quantity of cigarettes (around €0.2 per ml), while those without nicotine would be taxed at 20% of the » Continue Reading.