Latest Excise Stories

WASHINGTON, April 16, 2013 /PRNewswire-USNewswire/ -- The following is a statement of Susan M. Liss, Executive Director, Campaign for Tobacco-Free Kids: (Logo: http://photos.prnewswire.com/prnh/20080918/CFTFKLOGO) President Obama has proposed a 94-cent increase in the federal cigarette tax, and increased taxes on other tobacco products, to protect our children from tobacco addiction and save lives. Predictably, tobacco companies and their allies are attacking the proposal, claiming...

NARBERTH, Pa., Sept. 18, 2012 /PRNewswire/ -- Each Autumn, with an eye on the winter months ahead, squirrels gather nuts to prepare for the inevitable change. Hospitals, medical facilities, doctors and long term care facilities may be doing the same this Fall, stocking shelves and purchasing items from their wish list and budgets before a new tax on most medical products goes into effect. The Medical Device Excise Tax (MDET), a component of the Patient Protection and Affordable...

Survey from Emergo Group finds that regulatory changes are manufacturers' top concern for 2012 Austin, TX (PRWEB) February 10, 2012 According to a new industry survey conducted by global consultancy Emergo Group, medical device manufacturers plan to increase prices for their products in order to offset the effects of a proposed 2.3% excise tax on all device sales in the US set to take effect in 2013. The annual survey queried 180 medical device industry CEOs, Presidents and Managing...

CAROL STREAM, Ill., June 13, 2011 /PRNewswire/ -- Meyercord Revenue, Inc., a SICPA company, is introducing a new excise tax stamp solution to help curtail the counterfeiting of excise tax stamps and to enable state governments to more effectively collect owed tobacco excise taxes. The next-generation, heat-transfer FUSON OASIS® system includes new overt and covert security features that correspond to the highest available security industry standards for tobacco tax stamps protection and...

PORTAGE, Mich., May 31, 2011 /PRNewswire/ -- Manatron, Inc., a global leader in providing integrated property tax and land administration software for governments worldwide, today announced that Yakima County, Wash. is now live on Manatron's GRM eConvey software. This software will enable the county to offer Electronic Real Estate Excise Tax processing through integration with the current deed recording system and Manatron's tax collection software across three county offices: Assessor,...

CHARLESTON, W.Va., Feb. 16, 2011 /PRNewswire/ -- On behalf of its smokers and customers, Commonwealth Brands urges West Virginia to reconsider any proposal to increase the excise tax on tobacco products. On February 1, 2011 Delegate Don Perdue introduced a Bill that would increase the tax on cigarettes by $1 a pack. Commonwealth Brands, the manufacturer of USA Gold and Sonoma cigarettes, strongly opposes the Bill stating that an increase will promote the growth of cigarette counterfeiting...

PORTAGE, Mich., Dec. 20, 2010 /PRNewswire/ -- Manatron, Inc., a global leader in providing integrated property tax and records management software for state and local governments, today announced that Snohomish County, Wash. is the first county in the state to offer Electronic Real Estate Excise Tax (eREET) processing. The county recently implemented Manatron's eREET software system across three offices: Assessor, Treasurer and Auditor/Recorder. In Washington, before a property is bought or...

SPRINGFIELD, Va., Sept. 8 /PRNewswire/ -- SICPA Security Inks and Systems USA, Inc., a leading provider of integrated government security solutions on high excise tax products, today announced that it has acquired Meyercord Revenue Inc., previously a wholly-owned subsidiary of Illinois Tool Works Inc. (NYSE: ITW). The transaction will combine SICPA's international government tax platform expertise with Meyercord's experience in producing and distributing tobacco tax stamps for U.S. states...

OLYMPIA, Wash., April 12 /PRNewswire/ -- Retired program manager of the tobacco tax enforcement program for the Washington Liquor Control Board, Carter Mitchell, announced today his opposition to the proposed $1.00 per pack increase in the state's excise tax on cigarettes. "This tax is a job-killer," said Mitchell, now a consultant with Washington Neighborhood Stores (WNS). "From 1997-2006, my officers and I witnessed the effect that high cigarette taxes have on consumer buying habits,"...

Fourteen states and the District of Columbia hiked their cigarette taxes in 2009, but according to a new report by the Centers for Disease Control and Prevention (CDC), anti-smoking efforts have not been sufficiently aided by these efforts.The CDC study, which was published in the April 9 issue of the organization's Morbidity and Mortality Weekly Report (MMWR), notes that higher excise taxes can theoretically help curb tobacco use and help fund programs designed to wean smokers off of the...