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Illinois and the Current Sales Tax Debate

If you live in Illinois, you've probably heard of the new legislation that the state has pushed forward requiring additional taxes, licensing and reporting for any in-state sales of electronic cigarettes, pods, vapes, and devices. Under the new law, these products are classified more closely to tobacco, and therefore are subject to the same rules, regulations, and restrictions as tobacco. With the law going into effect on July 1st, there is still plenty of uncertainty about how the process will work, but one thing is clear, get ready for a massive 15% tax rate on all your products, whether you purchase in-store or online.