Taxes on premium cigars in Ohio are increasing by a couple of pennies.
Last year, Ohio introduced a new tax structure on cigars, increasing the base tax rate from 17 to 22.5 percent, however, a cap of 50 cents was introduced for premium cigars. That meant the price of most premium cigars actually decreased.
Effective July 1, that tax cap will increase to 52 cents.
The law defines “premium cigars” as those which weigh more than 6 pounds per 1,000.