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Taxes

UAE Introducing Massive Tobacco Tax Hike

The United Arab Emirates Federal Tax Authority has announced a host of new taxes, including a “100 percent tax” on tobacco products. It won’t take effect until…

Maine Legislators Weighing Increase in Tobacco Tax

State legislators in Maine are considering a significant increase in the state’s tobacco tax, as a bill that is currently in committee hearings seeks to…

Ohio House Budget Proposal Strips Tobacco Tax Increases

When Gov. John Kasich presented his budget proposal in February, it contained sizable increases in Ohio’s tax rates on tobacco, seeking an increase in the…

Colorado Governor Vetoes Retailers’ Tobacco Tax Reprieve

Cigar retailers in Colorado lost a tax credit that helped them compete with out-of-state sellers on Friday, when Gov. John Hickenlooper vetoed a piece of legislation…

New York City to Consider New Tax on Tobacco Products

As part of an aggressive initiative to reduce smoking and tobacco use in New York City, Mayor Bill de Blasio has announced five legislative proposals,…

Montana Tobacco Tax Increase Bill Appears to be Defeated (Update)

A bill in the Montana House of Representatives seeking an increase in the tax on cigars from 50 percent of the wholesale price to 74…

No Tax Break for New York Cigar Smokers

A proposed change in the tax rate on premium cigars in New York didn’t make the final cut of the state’s 2018 budget, which was…

Illinois Bill Would Allow for Cities to Impose Additional Tobacco Taxes

Earlier this year, Chicago’s new tax on cigars and other tobacco products was declared unconstitutional. The reason was because a state law prevented home rule…

Montana Senate Approves Tobacco Tax Increase

The Montana State Senate has approved a significant increase to the state’s tobacco tax rate, voting 27-22 in favor of the S.B. 354 on Friday….

Montana Tobacco Tax Increase Gets First Hearing Today (Update)

A bill in Montana to increase the tax on tobacco products will get its first hearing today after having been in the works since early…

West Virginia Tobacco Tax Hike Proposed

West Virginia’s tax on cigars and other tobacco products could be increasing, again. Last July, the tax was increased from 7 to 12 percent of…