North Carolina
Background: North Carolina added a new category of vapor products to its Tobacco Products Tax Act effective 1 June 2015.
Part three of the Tobacco Products Tax Act (Tax on Other Tobacco Products) introduces an excise tax on vapor products at the rate of five cents (5¢) per fluid milliliter of consumable product (which is defined as “any nicotine liquid solution or other material containing nicotine that is depleted as a vapor product is used”). All invoices for vapor products issued by manufacturers must state the amount of consumable product in milliliters.
Responses:
Tags: Vapor products
Categorised in: Country, Electronic cigarettes, Excise tax, North Carolina, USA
This post was written by Philip Gambaccini