Liquid Nicotine Product Tax (7514)
|Municipal Code Reference:||3-47|
Tax Return Form Code:
The Liquid Nicotine Product Tax is imposed on the retail sale of liquid nicotine products in the City.
Through 12/31/18: $0.80 per product unit, plus an additional $0.55 per fluid milliliter of consumable liquid, gel, or other solution contained in the product.
Effective 1/1/19: $1.50 per product unit, plus an additional $1.20 per fluid milliliter of consumable liquid, gel, salt-based nicotine liquid or other solution contained in the product. Note: there will be no floor tax required for the 1/1/19 rate increase.
|Exemptions, Deductions and Credits:||
This tax shall not apply to the extent it would violate the United States Constitution or the Constitution of the State of Illinois.
|Rulings and Procedures:||
Businesses registered for Liquid Nicotine Product Tax with the Chicago Department of Finance.