29 Sep 2025
🚬Deregulatory Action on Tobacco Product Floor Stocks Tax Regulations
Tobacco Product Floor Stocks Tax; Removal of Obsolete Regulations
Summary
In this final rule, the Alcohol and Tobacco Tax and Trade Bureau (TTB) is removing regulations related to the 2009 tobacco product floor stocks tax. These regulations are no longer necessary because they implement a tax that applied only to specified articles held for sale on April 1, 2009, and was required to be paid on or before August 1, 2009. This deregulatory action removes 42 regulatory sections from TTB regulations.
Agencies
- Treasury Department
- Alcohol and Tobacco Tax and Trade Bureau
Business Impact
$$ - Med
The text discusses the removal of obsolete regulations regarding the 2009 tobacco product floor stocks tax, which can reduce compliance costs for tobacco businesses. The elimination of unnecessary regulations streamlines procedures, potentially enhancing operational efficiency and reducing administrative burdens.