2015 Brings New Taxation Issues for E-cigarettes
It seems that the spotlight on things to tax is on the electronic cigarette and vapor products category this year.
Fourteen states have introduced electronic cigarette tax bills this year, according to Tom Briant, executive director of the National Association of Tobacco Outlets (NATO). These states include Hawaii, Arkansas, Nevada, New Hampshire, Kentucky and Ohio.
Not every state is looking at taxing the segment in the same way, though. Eight of the states want to tax e-cigarettes like other tobacco products (OTP); some want to apply the current cigarette tax rate; and four states want to tax the nicotine liquid, Briant told attendees of the AWMA Marketplace Solutions & Expo on Wednesday.