Costa Rica to Hike Cigarette Tax to $7,823 by 2027, Vape Tax to $1,000/ml

Costa Rica plans to sharply increase excise taxes on cigarettes and vapes, with cigarette packs rising to $7,823 by 2027 and $11,200 by 2028, and vape liquid to $1,000 per milliliter. The revenue is earmarked for health insurance. This is a significant fiscal measure aimed at reducing tobacco and vaping consumption, though the extreme tax levels may face implementation challenges.

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