What does this mean for vapor product businesses?On December 27, 2020, Congress voted to include Electronic Nicotine Delivery Systems (ENDS) in the Prevent All Cigarette Trafficking (PACT) Act.
So how does this impact business? The upshot is that ENDS manufacturers, distributors and retailers will need to be set up to comply with all PACT Act requirements by March 27, 2021 (the PACT Act goes into effect for ENDS on March 28). These include: ・Registration with the Federal Bureau of Alcohol, Tobacco, Firearms and Explosives and the tax departments of most states they ship into; ・Collection of excise taxes imposed by each state and locality where they ship; and ・Compliance with all state and local requirements applicable to the sale of vapor products. Contact us for registration and compliance help! Comments are closed.
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