R.I. Government Agencies | Privacy Policy |
The budget bill of the 2006 session of the Rhode Island General Assembly changes the way tax on cigars and snuff is calculated. The changes will be effective July 1, 2006.
The tax on cigars is still calculated on 40% of the wholesale cost however, the tax is capped at fifty cents ($0.50) per cigar. Therefore, any cigar costing more than $1.25 on the wholesale level will have a tobacco products tax of fifty cents ($0.50).
The tax on snuff is now calculated by net weight. The tax is one dollar ($1.00) per ounce and a proportionate tax on all fractional parts thereof. However, any product with a net weight of less than 1.2 ounces shall be taxed as if the product has a net weight of 1.2 ounces.
New Tobacco Product Tax Returns reflecting the above mentioned changes will be mailed to you in the near future.
Should you have any questions, please call the Excise Tax Section at (401) 222-2950
EXCISE TAX SECTION
June 29, 2006
New Tobacco Products Tax Return