Federal Tobacco Tax Increase: CRA Communiacation

On February 11, 2014, the Government of Canada announced in its Budget, proposals to amend the Excise Act, 2001 to increase the excise duty rates on tobacco products and to impose a tax on stamped duty-paid cigarettes held in inventory at 12:01am on February 12, 2014.

For more information, please visit the following links to Excise Duty Notices explaining the amendments or contact any CRA regional excise duty office. A list of all regional excise duty offices is available on the CRA’s website at http://www.cra-arc.gc.ca/E/pub/em/edm1-1-2/README.html.

For full Budget 2014 details, please visit the Department of Finance website at www.fin.gc.ca/fin-eng.asp.