Meanwhile, despite some scattered attempts to tax vaping products (and more sure to come in the near future), e-cigarettes and e-liquids have largely escaped this price hike, and one of the main motivations for making the switch is to save money in comparison to smoking
[2] In December 2005, she received the Distinguished Service Award from then Lt
These unfavourable long-term trends have led BAT to recognise an impairment charge of 646 million to the carrying value of Camel Snus, while Camel Snus will be assigned a 20-year useful economic life (formerly indefinite) from FY25 onwards, incurring a 23 million annual amortisation cost
The distinction goes far beyond the delivery method
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For a discussion of the rationale for introduction of this policy in Australia, see here