Mentions of “Revenue” — 10 found
… tax rate greater than $0.50 per cigar. 3. The Delaware Economic and Financial Advisory Council approved cigarette tax revenue of $130.3 million at its May 2018 meeting. Of this amount, roughly $5 million in revenue is generated from the 30% …
… uncil approved cigarette tax revenue of $130.3 million at its May 2018 meeting. Of this amount, roughly $5 million in revenue is generated from the 30% tax on the wholesale price of Other Tobacco Products (OTP). The Department of Finance est …
… sale price of Other Tobacco Products (OTP). The Department of Finance estimates that 20% or roughly $1 million of OTP revenue is tied directly to premium cigar sales. 4. The average national wholesale price for premium cigars is estimated at …
… ate legislation. a) The current 30% OTP tax on the wholesale price of each cigar generates roughly $1.20 in tax revenue per cigar ($4.00 X 30%). b) $1 million in expected premium cigar revenue from an average per cigar tax revenue of …
… h cigar generates roughly $1.20 in tax revenue per cigar ($4.00 X 30%). b) $1 million in expected premium cigar revenue from an average per cigar tax revenue of $1.20 corresponds to roughly 830,000 premium cigars sold annually. c) …
… in tax revenue per cigar ($4.00 X 30%). b) $1 million in expected premium cigar revenue from an average per cigar tax revenue of $1.20 corresponds to roughly 830,000 premium cigars sold annually. c) This Bill reduces the per premium ci …
… lly. c) This Bill reduces the per premium cigar tax rate to no more than $0.50 per cigar, a reduction in tax revenue per cigar of $0.70. A $0.70 per cigar revenue loss for 830,000 anticipated premium cigars sold in FY 2019 p …
… cigar tax rate to no more than $0.50 per cigar, a reduction in tax revenue per cigar of $0.70. A $0.70 per cigar revenue loss for 830,000 anticipated premium cigars sold in FY 2019 produces a total anticipated revenue los …