Are You Agree to Rise E Cigarette Taxes ?

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Category: Business and Industry

Date Submitted: 07/18/2014 02:11 AM

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Due to the growing of e cigarettes, e cigarette excise duty bound to impose, Reynolds American Inc. expressed that will support it.

Reynolds American Chairman and CEO Daniel Durham said, the highlight of 2013 was Vuse e cigarette, it is considering turning smokeless alternatives, provide consumers with a better choice. As the first major market, the stores of Vuse e cigarette brand can be seem everywhere in Colorado. It is reported that in neighboring Utah, the brand's expansion also very smooth recently.

"Vuse is a rich history of reform marks the company's distinctive product." Durham said, "It's almost a market leader in Colorado, and more importantly, the brand strengthens our product categories advantage in Utah there are signs that consumers are very popular brand. "

Durham said the company has been targeting profit growth in 2014. "By 2014, we will continue to invest Vuse, that it extended to the country, which is further proof of our commitment to focus on business expansion and to achieve sustainable long-term development." He said.

David Powers, vice president of Reynolds American Inc., the company submitted a proposal to tax consumption tax law oversight committee. Julia Ormond by the Republican lawmakers and David tax laws, co-chaired the Supervisory Board agreed to the proposal submitted to the joint meeting held on the same day for a brief discussion.

The proposal recommends a mixture of e cigarette nicotine per milliliter of 5 cents levy taxes. E cigarette users have already paid for the equipment and nicotine consumption tax mixture used.

In comparison, the combustible cigarette excise tax is 45 cents per pack - the lowest U.S. excise tax.

According to the requirements of Reynolds American Inc., each ordinary cartridge can be sucked about 200 puffs, while an ordinary tobacco cigarettes can be sucked about 10 puffs.

Reynolds spokesman David Howard said the proposal aims to establish business "fair and reasonable" environment. E...