Mentions of “Revenue” — 4 found
… ate of $98,600,000 for Fiscal Year 2024. Of this amount, the Department of Finance estimates that $2,508,300 of that revenue is attributable to the current 30% tax on premium cigar sales. 4.Upon implementation, this Act will result in an est …
… 30% tax on premium cigar sales. 4.Upon implementation, this Act will result in an estimated reduction in annual tax revenues from premium cigar sales in the amount of $710,685. However, for the initial year of implementation, revenue loss …
… tax revenues from premium cigar sales in the amount of $710,685. However, for the initial year of implementation, revenue loss is adjusted to account for the October 1 effective date. General Fund Revenue Loss: Fiscal Year 2024: $473,790 …
… e initial year of implementation, revenue loss is adjusted to account for the October 1 effective date. General Fund Revenue Loss: Fiscal Year 2024: $473,790 Fiscal Year 2025: $710,685 Fiscal Year 2026: $710,685 Prepared by Robert Scogliet …