Florida Appeals Court: Tobacco Is Taxed On Actual Wholesale Price
LAKELAND, Fla. – Florida’s tobacco excise tax is applicable against only the actual wholesale price of the product and not against any intervening costs that increase the price, a Florida appeals court ruled Feb. 1 in what it called a case of first impression (Micjo Inc. v. Department of Business and Professional Regulation, Division of Alcoholic Beverages and Tobacco, No. 2D11-254, Fla. App., 2nd Dist.; 2012 Fla. App. LEXIS 1322).
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Actual, appeals, Court, Florida, Price, Taxed, Tobacco, Wholesale