Creation and Supply of Tribal Tax Stamps Sample Clauses

Creation and Supply of Tribal Tax Stamps. The Tribe shall arrange for the creation and supply of a Tribal tax stamp from a nationally recognized stamp manufacturer. Tribal tax stamps will have a serial number or some other discrete identification so that stamps may be traced to the wholesaler.
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Creation and Supply of Tribal Tax Stamps. The Tribe will use Washington State tax stamps, which are provided by the State through its stamp vendor. The State agrees that the Tribe will purchase cigarettes with the state stamp affixed after the effective date of the Tribal cigarette tax, until such time as the Tribe chooses to use a Tribal stamp. The State will refund to the Tribe on a minimum of a monthly basis the tax attributable to such cigarettes, provided that the invoices from the wholesaler to the tribal retailer indicate that the cigarette tax was passed on to the tribal retailer.
Creation and Supply of Tribal Tax Stamps. The Tribe shall arrange for the creation and supply of a Tribal tax stamp by an appropriate manufacturer. Tribal tax stamps will have a serial number or some other discrete identification so that stamps may be traced to the wholesaler. The Tribe agrees to purchase stamps from a nationally recognized stamp manufacturer. Stamp vendor Vendor contractContract The Tribe shall contract with a bank or other stamp vendor to distribute tax stamps. The stamp vendor shall selldistribute stamps to wholesalers, upon payment of the applicable Tribal cigarette tax by the wholesaler or Tribal retailer, and remit the collected taxes to the Tribe. The contract shall provide that the stamp vendor shall purchase a supply of Tribal tax stamps from the manufacturer and make them available for purchase. The Tribe may, at its option, select as the stamp vendor the bank with which the Department contracts for that ser­vice, or some other third party stamp vendor satis­factory to both the Tribe and the Department. The Tribe shall require the stamp vendor to remit to the Tribe all reve­nue collected from the Tribal cigarette tax. The Tribe shall require that the stamp vendor provide to the Tribe and to the Department timely reports detailing the number of Tribal tax stamps sold, and make its records avail­able for auditing by the Tribe and the Department. The Tribe’s contract with the stamp vendor shall specify a process by which the Tribe is assured that all wholesalers who sell cigarettes to Tribal retailers are paying the applicable Tribal taxes, unless the tax has been prepaid to the stamp vendor by the Tribal retailer. This process may include a requirement that wholesalers agree to provide documentation such as invoices of sales to verify to the Tribe that the Tribal taxes were paid.

Related to Creation and Supply of Tribal Tax Stamps

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Construction and Scope of Agreement The language of all parts of this Agreement shall in all cases be construed as a whole, according to its fair meaning, and not strictly for or against any party. This Agreement is the only, sole, entire, and complete agreement of the parties relating in any way to the subject matter hereof. No statements, promises, or representations have been made by any party to any other, or relied upon, and no consideration has been offered or promised, other than as may be expressly provided herein. This Assumption of Risk, Release of Claims, Indemnification, and Hold Harmless and Agreement supersedes any earlier written or oral understandings or agreements between the parties. Participant acknowledges that he/she has read this Assumption of Risk, Release of Claims, Indemnification and Hold Harmless Agreement, understands its meaning and effect, and agrees to be bound by it. Date:

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