Changes to Liquid Nicotine Tax Effective 1/1/19
Liquid Nicotine Product Tax (7514)
| Municipal Code Reference: | 3-47 |
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Tax Return Form Code: |
Form 7514 |
| Procedure: |
The Liquid Nicotine Product Tax is imposed on the retail sale of liquid nicotine products in the City. |
| Tax Base: |
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.
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| Rulings and Procedures: |
3-47 Chicago Liquid Nicotine Product Tax Ordinance Liquid Nicotine Product Tax Substitute Ordinance
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