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The Bureau of Internal Revenue is banking on the imposition of vape stamps to contribute to the further reduction of the ...
Still, the shift in consumer preference from using cigarettes to vape products remains a concern, according to Lumagui. Last year, the BIR only collected P134 billion in excise tax on tobacco ...
The Louisiana Legislature is considering changing how vape products are taxed in a way that is widely expected to increase ...
The bill, SB 0763, was introduced by two Republican lawmakers as a way to curtail vaping use in schools and make the products ...
Currently only 34 vape products, all connected with big tobacco companies, have been approved by the FDA. A bill that would impose a state tax of up to 10% on vape products – a higher rate than ...
The measure also would put in place a 10% tax on open system vape products and a 7% tax on closed system products. The bill would fine vape retailers of $500 to $1,500 per product illegally sold.
Currently only 34 vape products, all connected with big tobacco companies, have been approved by the FDA. A bill that would impose a state tax of up to 10% on vape products – a higher rate than ...