Wyoming Cigar Shops Lose Fight for Lower Taxes
Instead of getting a tax cap or lower tax rate for premium cigars, the Legislature made just one change to how cigars are taxed in Wyoming. Retailers can now wait to pay the taxes until after the products are sold.
Proposed Wyoming Cigar Tax Cap Removed From Bill
The current text calls for cutting the tax on premium cigars from 20 percent to 10 percent. For most cigar smokers, this is probably a step backwards compared to the legislation that passed the Wyoming Senate last month.
Wyoming Senate Passes Cigar Tax Cap, Bill Now Heads to the House
The average cigar would decrease in cost between $1-$2 if the bill passes.
Wyoming Premium Cigar Tax Cap Clears Committee
The bill would cap taxes on “premium cigars” at no more than 30 cents per cigar. If passed, it would likely save consumers on purchases of any cigar that costs more than $3.
