According to a Bloombergtax report on April 26, the governor of Mississippi signed a bill amending the tobacco tax law on that day.
The amendment bill includes the following measures:
- Implement an excise tax on heated tobacco products at a rate of 1.25 cents per disposable unit or stick of heated tobacco;
- Expand the definition of “tobacco” to include heated tobacco products, and also clarify the definition of “heated tobacco products”;
- Heated tobacco products will not be taxed as cigarettes, but as separate commodities.
The bill will take effect on July 1.
Recently, the governor of Mississippi signed a bill amending tobacco tax laws, including measures to impose an excise tax on heated tobacco products. This change is of great significance to the vape industry. As a company that focuses on compliance and user health, veehoo vapes will actively respond to the challenges of this new bill and continue to provide users with high-quality vape products.
As an vape company committed to compliance and user health, veehoo vapes will actively respond to Mississippi’s new bill. The company will ensure that its products comply with the requirements of the new tax law and pay the corresponding consumption tax in accordance with the regulations. In addition, veehoo vapes will continue to promote product quality and safety to protect the health and well-being of users.
Veehoo vapes always put the needs and health of users first. In the face of Mississippi’s new bill, the company will continue to uphold compliance principles and strive to provide high-quality vape products that meet regulatory requirements. Veehoo vapes will work with local governments and regulatory agencies to ensure product compliance and provide users with safe and reliable smoking alternatives.
In conclusion:
Mississippi’s new bill to tax heated tobacco products poses new challenges for the vape industry. As a company that pays attention to compliance and user health, Veehoo vapes will actively respond to the new bill and continue to provide high-quality vape products that meet regulatory requirements. The company will work closely with local governments and regulatory agencies to ensure product compliance and provide users with safe and reliable smoking alternatives. Veehoo vapes adhere to their commitment and are committed to the health and well-being of users, creating a better smoking experience for users.
Tags: Mississippi vape tax，Mississippi governor signs tobacco tax revision bill，veehoo vape
