Anyone manufacturing tobacco products without first obtaining the necessary permit is subject to civil and/or criminal penalties. The federal Alcohol, Tobacco Tax and Trade Bureau (TTB) issued an announcement regarding the impact of the Aug. 20 ruling on RYO cigarette machines by the U.S. Circuit Court of Appeals for the Sixth Circuit, the National Association…
Cenex And FuelQuest Extend Contract
“The fact that we can now use Zytax Compliance over the Web, knowing that our data is secure and that the application supports high transaction volumes, made it a straightforward decision for our company,” says CHS spokesperson. CHS Inc. and FuelQuest Inc. have announced a five-year contract renewal where CHS will adopt FuelQuest’s Zytax Compliance…
Battling City Hall
While dealing with red tape is a common occurrence when dealing with local municipalities, there are tax benefits for businessowners to make the process less costly. By Mark E. Battersby, Contributing Editor. Thanks to the economy and skyrocketing costs, convenience stores and other businesses are making less money and paying more in taxes while, at…
Could A Value-Added Tax Be Next?
President Barack Obama in an interview with CNBC Wednesday noted the possibility of a new value-added tax (VAT) is still on the table, although White House spokesmen insist it’s no longer being considered, the Associated Press reported. A VAT is normal in many European countries, which tax the value added at each stage of production…
Concerns Abound for Cigars
The war over tobacco taxes to pay for an expansion of the State Children’s Health Insurance Program (SCHIP) ended on February 4 when Congress passed the Senate’s version of the bill and new President Barack Obama signed it into law. What that means for c-store operators who sell cigars in an era of a rough…