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The Ohio Department of Taxation has been informed that Philip Morris is lowering their invoice price by $32.50 per 1000 cigarettes on certain brands from February 3, 2003, through March 30, 2003. They will also be rebating the same amount to wholesalers based on their February 2, 2003, saleable inventory. Both actions will result in a lower cost of cigarettes to the wholesaler and will result in new minimum wholesale and retail prices.
Please contact us if you have any questions.
Ohio Department of Taxation
Fuel Use and Excise Tax Unit
P.O. Box 530
Columbus, Ohio 43216-0530
Telephone: (614) 466-3410
Fax: (614) 752-8644
Web site: http://tax.ohio.gov/
