U.S. Considers Ending Tax Deduction on E-cigarette Ads
Since January 1971, advertising of conventional tobacco has been banned in the United States, not including e-cigarettes.
U.S. law allows manufacturers to claim federal tax credits for e-cigarette advertising costs. However, Congress wants to close this tax loophole.
Senators Jeanne Shaheen and Richard Blumenthal reintroduced the No Tax Subsidies for Vaping and Tobacco Advertising Act (S.464). If passed, it would not make vaping advertising illegal but would end tax deductions for vaping advertising fees.
Shaheen and Blumenthal first introduced the bill in 2019, but so far, it has yet to gather enough support in Congress to pass it.
Reference:
Congress Seeks to Close E-Cigarette Ad Loophole
Congress Looking At Ending Tax Deduction On E-Cigarette Ads That Run On Radio.
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