NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases its Up in Vape: The Growth in E-Cigarette Taxes research report. As vaping and e-cigarette usage continue to grow in popularity, KBRA has observed that states are taking increased notice and are finding ways to cash in on vapor tax collection.
Given that state and local governments across the country collected over $17 billion in traditional cigarette excise tax revenue in 2017, could vapor taxes become a promising future revenue stream?
To access this research report, please click here.
Related Publication: (available at www.kbra.com)
*Research report related to state tax revenue trends
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KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
Cindy Wu, Senior Director
Alice Cheng, Director
William Cox, Senior Managing Director