§ 270.21 - Cigar tax rates.

Latest version.

(a) Cigars are taxed at the following rates under 26 U.S.C. 5701(a):
Type and amountTax rate for removals during the years:1993 to
1999

2000 and

2001

2002 and

after

Small cigars per thousand $1.125 $1.594 $1.828

Large cigars per thousand *

• percentage of sale price 12.75% 18.063% 20.719%

• but not to exceedc$30 $42.50 $48.75

*For large cigars, the percentage tax rate applies when the sale price is $235.294 per thousand or less, and the flat tax rate applies when the sale price is more than $235.294 per thousand.

(b) See § 270.22 of this part for rules concerning determination of sale price of large cigars.

(c) Cigars not exempt from tax under 26 U.S.C. chapter 52 and the provisions of this part which are removed but not intended for sale shall be taxed at the same rate as similar cigars removed for sale.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');