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Written by TobaccoIntelligence || 20th March 2023 || Alerts | Regulation and legislation | Tax | Geographies: New Mexico North America United States

US – New Mexico: House Bill 547 has been approved by both the Senate and House. The bill would change the definition of tobacco products for tax purposes to include all nicotine-containing products, including synthetic nicotine products. It would not change the existing tax rate on tobacco products, meaning that these products would be taxed at 25% of the product value. ...

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