PACT Act Leaves Vaping & CBD Industries in a Fog: The Latest Tax and Legal Considerations

Webinar Recording

November 12, 2021

Join industry professionals from Cherry Bekaert LLP and Thompson Hine LLP as they cover current trends and impacts to sellers of a broad array of vaping products, even non-nicotine, in relation to the Prevent All Cigarette Trafficking (PACT) Act mandates.

On December 27, 2020, Congress amended the PACT Act to place additional state regulatory compliance burdens on interstate sellers of e-cigarettes and other vaping products including CBD. Prior to the amendment, the law largely applied to interstate cigarette sales and was intended to promote greater legal and tax compliance.

We will cover various topics, including the additional state regulatory compliance burdens on interstate sellers of e-cigarettes and other vaping products.

Key Topics Include:

  • Current industry and market trends
  • Legal considerations of PACT Act licensing & reporting requirements
  • State taxation of certain categories of products, including open-system hardware, disposables, and zero-nicotine products
  • Other sales tax and state taxation considerations

Catherine Shaw

Tax Services

Partner, Cherry Bekaert Advisory LLC

Lauren Stinson

Sales & Use Tax Leader

Partner, Cherry Bekaert Advisory LLC

Contributors

Catherine Shaw

Tax Services

Partner, Cherry Bekaert Advisory LLC

Lauren Stinson

Sales & Use Tax Leader

Partner, Cherry Bekaert Advisory LLC