Starting tomorrow, Wednesday, Rhode Island’s cigarette excise tax will be $4.25 per pack of 20 cigarettes, up from $3.75, an increase of 50 cents, or 13.3 percent, per pack.
The increase was contained in the recently enacted fiscal 2018 budget bill, which also requires that cigarette dealers take inventory and apply a floor tax. Many retailers will perform the inventory tonight (Tuesday, August 15). The official measuring point for the floor tax is 12:01 a.m. tomorrow, Wednesday, August 16.
For more details about tax changes contained in the fiscal 2018 budget bill, click here.
