SFP's tax expert Professor Ángel López-Nicolás from the Universidad Politécnica de Cartagena in Spain published this Working Paper on the effects of an unofficial draft of the European Commission's revised Tobacco Tax Directive (TTD) on novel products and combustibles. The revised TTD was expected to launch in December 2022 but has been postponed indefinitely.  

The findings demonstrate the importance of the Commission's proposals and the need to restart the legislative process as soon as possible. The Working Paper concludes with recommendations on ways to further enhance the positive impact of the next Tobacco Tax Directive. 

Please, note that a corresponding Policy Brief is available here. 

The Working Paper can be downloaded below: