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23.6 Reimbursements (net down) If a payment to a party under this agreement is a reimbursement or indemnification, calculated by reference to a loss, cost or expense incurred by that party, then the payment will be reduced by the amount of any input tax credit to which that party is entitled on the acquisition of the taxable supply to which that loss, cost or expense relates

When a manufacturer says that its device will last a certain number of puffs, that claim is made with the assumption that each of your puffs will last about a second

It surveyed adult smokers online between March 10 and March 30, 2017.[23] The survey was conducted prior to the Golden States imposition of a $2 tax hike on cigarettes and a 2022 ban on flavored products, such as menthol cigarettes.[24] Researchers found that as much as one-third of cigarette packs may lack a valid tax stamp and that between 18 and 25% of smokers avoided taxes by bringing cigarettes into the state from elsewhere." Over the course of a year, 36% of smokers avoided taxes by purchasing cigarettes without a California tax stamp.[**] The study survey also asked questions about electronic cigarette usage, which is prudent to mention here due to the increasing popularity of the product

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