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TTB Finalizes Excise Tax Increases, Criteria for Denial of Tobacco Permits, Etc.

The Alcohol and Tobacco Tax and Trade Bureau is adopting as a final rule, with minor technical changes, effective August 23, 2010, temporary regulations that implemented increases in Federal excise tax rates on tobacco products and cigarette papers and tubes,…

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the floor stocks tax provisions of the Children's Health Insurance Program Reauthorization Act of 2009, and the new statutory criteria for denial, suspension, or revocation of tobacco permits.