Ohio Cigarette Floor Tax Return

The current tax rate is 1 2 cents per cigarette and the new rate will be 2 75 cents per cigarette or 55 cents per package of 20 and 68 75 cents per package of 25.

Ohio cigarette floor tax return. This return and payment must be postmarked by sept. Cigarette floor stock tax return ohio non stamping wholesaler account. As a result of the tax increase you are required to pay a floor stock tax on all affixed and unaffixed state and combined cigarette tax stamps on hand as of the close of business on june 30 2005. Xt 2005 04 excise and motor fuel tax division information release cigarette tax increase for all ohio stamping cigarette wholesalers june 23 2005 web content viewer.

The new tax on packages sold in cuyahoga county will be 1 295 per package of 20. Total available add lines 1 2 3 and. The ohio department of taxation has extended filing and payment deadlines for ohio s income tax. Ohio cigarette tax return for the period address city to state zip combined state county 1.

Enclosed is your first ohio floor stock tax return that must be filed and paid by july 31 2002. One third of the tax is due by july 31 2002 one third is due by august 31 2002 and the final one third is due by september 30 2002. There is no additional tax on county only stamps. The 124th ohio general assembly recently passed amended substitute senate bill 261 which included a tax increase on cigarettes effective july 1 2002.

Opening tax stamp inventory from line 6 of the previous period s return 3. The filing and payment extension is available to those filing the ohio individual income tax school district income tax pass through entity and fiduciary income tax and muni net profit taxpayers that have opted in to the state s centralized filing system. Tax on cigarettes returned by customers 5. The tax is to be paid in three installments.