If your business sells consumable vapor products, there is a new law that changes the way you must remit state sales tax.
During the second special session, Alabama lawmakers passed HB3 (Act. No. 2015-535), which raised cigarette taxes by 25-cents-per-pack and shifted where sales taxes for nicotine-containing vapor products go. Because sales tax revenue from nicotine vapor products are now directed to the General Fund budget, rather than the Education Trust Fund, there is a new process for submitting your returns.
The new law takes effect beginning January 2016. To read the full instructions sent by the Alabama Department of Revenue, click here.