XT 2005-05 - Excise Tax Division Information Release -
Cigarette Tax Increase For All Ohio Non-stamping Cigarette
Wholesalers - June 23, 2005
The 126th Ohio General Assembly recently passed Amended
Substitute House Bill 66 which included a tax increase on
cigarettes effective July 1, 2005. The new rate will be
$1.25 per package of 20. The new tax on packages sold in
Cuyahoga County will be $1.295 per package of 20.
As a result of the tax increase,
you are required to pay a floor
stock tax of 3.50 cents per cigarette based on your
inventory of Ohio stamped packages as of
the close of business on June 30, 2005. Enclosed
is your Ohio floor stock
tax return that must be filed and
paid by September 30, 2005. If the return is filed and
paid by August 15, 2005, a 5 percent credit can be deducted
from the tax due.
The enclosed information release and floor
stock tax return has been mailed to
all retailers. We would appreciate it if you would
notify your retail customers and provide them with a copy of
the retailer
release and retailer return if they
did not receive them. An account number will be
assigned to the retailer when they contact the Ohio
Department of Taxation.
If you have any questions or problems, please contact us at
the address shown below:
Ohio Department of Taxation
Excise Tax Section
P.O. Box 530
Columbus, Ohio 43216-0530
Telephone: (614) 466-7026
Fax: (614) 728-1806
Website: tax.ohio.gov