Nevada 50 Cent Cigar Tax Cap Bill Passes House (Update)
The new bill was introduced with bipartisan support. Currently, Nevada’s tax rate is 30 percent of the wholesale price.
Montana Governor Signs 35 Cents Tax Cap for Premium Cigars
Beginning July 1, consumers should expect reduced prices for cigars they purchase in Montana.
Colorado Voters to Decide Whether to Reduce Tobacco Tax Rate, Refund Tobacco Companies
Colorado’s unique Taxpayer’s Bill of Rights will give citizens the chance to decide what to do with excess revenues generated from tobacco taxes.
California’s Cigar Tax to Decrease on July 1
The tax rate on premium cigars will decrease about 5 percentage points this summer.
Montana’s 35 Cent Premium Cigar Tax Cap Heading to Governor (Update)
Currently, Montana’s tax rate for cigars is one of the 10 highest in the nation. If S.B. 122 is signed into law, the bill would make the state’s tax rate one of the lowest in the country.
New Mexico Governor Vetoes Cigar Tax Cap Removal
Cigar taxes will remain the same.
Idaho Governor Signs 50 Cents Tax Cap for Cigars
Beginning July 1, 2023, the taxes on most cigars offered in humidors in Idaho will go down. Notably, this tax cap will apply to all cigars.
New Hampshire Premium Cigar Tax Bill Dies
Premium cigars will continue to be untaxed in New Hampshire.
New Mexico Cigar Tax Cap Removed, Taxes Going Up
New Mexico’s 50-cent tax cap for cigars will be going away this July.
New York Legislature Rejects Governor’s Call for Flavored Tobacco Sales Ban
Gov. Kathy Hochul’s plan to increase the taxes on cigarettes from $4.35 to $5.35 per pack remains in the bill. Hochul’s budget did not call for any changes to the tax rate for cigars.
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.
