Pennsylvania Raises Cigarette Taxes and Sets OTP Tax Rates

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The Pennsylvania Department of Revenue has confirmed that information about the new cigarette and OTP tax rates will be posted on the agency’s website soon with the necessary forms needed to report and file the floor stocks tax. Retailers will also receive a mailing from the Department of Revenue regarding the floor stock tax requirement. “NATO will follow up and include a link to the revenue department’s website page with the new floor stocks tax forms,” says Tom Briant, the association’s executive director.