Cyprus

Background: Operating under urgent procedures in September 2017, Cyprus’ unicameral House of Representatives approved amendments to the excise law dealing with tobacco products. The bill, which was approved by 60% of the members voting, introduced taxes on vapor products.

The tax legislation approved by Parliament creates a new category for “liquid for use in electronic cigarettes.” Both nicotine containing liquid and nicotine free liquid are subject to the tax which is levied at the rate of EUR 0.12 per milliliter.

Shortly following Parliamentary approval of the bill on 22 September 2017 the amendments were published in the Official Gazette whereupon they entered into Law.