Chicago Liquid Nicotine Product Tax
- Jan 6, 2016 | Gail Cole
Beginning January 1, 2016, the City of Chicago imposes a liquid nicotine product tax on the retail sale of liquid nicotine products in Chicago. Liquid nicotine is transmitted via electronic cigarettes (vaping).
Wholesalers of liquid nicotine are required to collect the tax as of January 1, 2016. Retailers must file a floor tax return (Form 7514) on or before January 25, 2016. Additional information is available through the Chicago Department of Finance.