Thursday, April 27, 2017
Tuesday, April 25, 2017
Monday, April 24, 2017
Friday, April 21, 2017
Thursday, April 20, 2017
- More from News & Features
California Lowers Tobacco Tax
Posted: June 2, 2010
A rare bit of good news for cigar smokers—taxes in California are going down.
The California Board of Equalization will lower the state's surtax on Other Tobacco Products, which includes premium cigars, on July 1. California is one of the largest cigar markets in the country.
Each year, the BOE determines the tobacco products tax rate with a formula that is based on the wholesale premium cigarette price, as it is published by the Tobacco Merchants Association.
This year, the rate will be lowered from 41.11 percent to 33.02 percent.
Surtaxes are paid by distributors, and part of the revenues go to tobacco-health education programs, but the reduction could mean consumers pay a lower price for premium smokes.
You must be logged in to post a comment.
Log in if you're already registered.
Search our database of more than 17,000 cigar tasting notes by score, brand, country, size, price range, year, wrapper and more, plus add your favorites to your Personal Humidor.