Eight US states currently tax e-cigarettes: five apply a volume tax, at a rate per ml of consumable product; three apply a wholesale tax, based on price sold at wholesale in the state – and several other states...
As PMI’s iQOS comes under consideration by the US FDA, we examine the hurdles it – and other – heated tobacco and e-cigarette products will have to clear to obtain authorisation for commercialisation and reduced-risk claims. ...