In a previous blog, and Part 1 of this Series, we discussed CRA’s recent audit activity focussed on Canada’s Vaping Industry, which is significantly impacting vaping licensees, and leading to a number of different assessments for duty liability under the under the Excise Act, 2001. An even more serious governmental focal point, however, is likely to be Health Canada’s proposed regulatory ban on flavoured or sweetened vaping substances and products, which appears to be another significant storm brewing for the industry.
Part II of this series on the vaping industry focuses on this issue, its regulatory history, and the expected cataclysmic event it may entail for the economic viability of many of these businesses.
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Canadas Vaping Industry
CRA Compliance Audits
Flavour Ban
Increased Taxation
Vaping Products
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