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Tobacco sales to generate $ 500 million

May 23rd, 2013 Posted in Cigars Tags:

The value of the tobacco crop the country delivered to the auction floors inched closer to half a billion dollars in cash crops strengthens its position as one of the leading foreign exchange workers, official data showed the statistics provided by the Tobacco Industry and Marketing Board (TIMB) show that the cost of tobacco deliveries made $ 466,142,098, up 27% from the same period last year. Read more

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Cuba raises questions about the rule of Australia tobacco label

Cuba is seeking to abolish Australia’s tough tobacco labeling rules in the World Trade Organization, the trade body said on Monday, and for the first time Communist-controlled country has made use of the forum in direct confrontation with other nations over its commercial laws.
Cuba, the world’s dominant producer of fine cigars, filed a “request for consultations” with Australia, Keith Rockwell, WTO spokesman, said from Geneva, where the basis for the organization. Read more

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City cigarette tax from retail

February 12th, 2013 Posted in Cigars Tags:

In the city of Fredericksburg may take steps to better enforce the collection of taxes on cigarettes at retail.
Fredericksburg charges a 31-percent tax on each pack of cigarettes bought in the city.
That amounts to about $ 550,000 a year, which goes to the general fund of the city.
However, the city could lose some of the money he owes, so he can join North cigarettes. Virginia Tax Department. Read more

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Congress bicam OKs sin tax bill

December 11th, 2012 Posted in Cigars, Tobacco news Tags: ,

Representatives of both houses of Congress on Monday to reconcile conflicts between the proposed measures seek to increase excise taxes on tobacco and alcohol products, particularly in the distribution of income from the expected additional income.
Talking to journalists, Senator Franklin Drilon, sponsor of the bill, said the committee report will be signed and submitted for ratification by the Senate and House of Representatives on Tuesday. Read more

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