New York Convenience Store Retailers Stop Cigar Tax Shift

New York City Excise Tax

Convenience store retailers and suppliers’ combined efforts have prevented a shift in New York’s cigar excise tax. Governor Cuomo originally proposed a switch in the cigar tax from 75 percent of wholesale value to 45 cents per stick. This shift would have doubled the price of two-packs of value cigars sold in convenience stores but would have given premium cigars a big tax break.

“You’re talking about a massive shift of tax burden from bluebloods who consult Cigar Snob magazine for recommendations on luxury cigars onto blue-collar customers who buy two-packs at convenience stores,” said Jim Calvin, President of the New York Association of Convenience Stores (NYACS) back in March.