B.C. adds sales tax to cigarettes, other tobacco products
A $15.99 cigarette pack with the tobacco taxes will now cost seven per cent more than before, or $1.12 extra a pack. The tax began on July 1.
The seven per cent tax must be submitted from companies with revenues greater than $10,000 a year, shifting the tax burden off of individual sellers to the retailer.The province is expecting $100 million in the next year in provincial revenues.
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