A Kentucky-based tobacco company is involved in a $3 million tax dispute with the federal government and is asking a judge to stop the potential seizure of its equipment to settle the bill.
U. S. District Judge Joseph McKinley, Jr. has scheduled a hearing for March 25th in Bowling Green on a request by Tantus Tobacco of Russell Springs for a temporary injunction against the U. S. Treasury Department. The dispute centers on whether Tantus properly set sale prices for its products from September 2009 through November 2011 and paid the proper amount of excise taxes on the sales.
The Treasury Department has threatened to file liens against equipment used by Tantus to settle the debt.
Tantus makes Berley Red, Sport, Main Street and GSmoke brand cigarettes.
Legislation upheld by Australia's Highest Court will force companies to strip logos from cigarette packs in that country. Starting in December, tobacco companies will no longer be allowed to display their brand designs, logos, or colors on packs of cigarettes to be sold in Australia. Instead, packs will come in a plain shade of olive, complete with graphic health warnings and images of cancer-riddled mouths and sick children.
A Federal Appeals Court has upheld a law that requires new, bigger graphic warning labels on cigarette packs. The Associated Press reports that the ruling relates to one of two suits by tobacco companies against the Federal rules that would require them to place large images on cigarette packs, depicting health ravages of smoking. The suit that prompted today's decision was filed in Kentucky.