Wholesale sales price definition

Wholesale sales price means the established price for which a manufacturer sells a tobacco product to a distributor, exclusive of any discount or other reduction.[C71, 73, 75, 77, 79, 81, §98.42]86 Acts, ch 1245, §402 C93, §453A.422002 Acts, ch 1119, §59; 2003 Acts, ch 145, §286; 2007 Acts, ch 17, §8, 9, 12Referred to in §453A.1, 453A.3, 453A.5, 453A.22, 453A.43 453A.43 Tax on tobacco products.1. a. A tax is imposed upon all tobacco products in this state and upon any person engaged in business as a distributor of tobacco products, at the rate of twenty-two percent of the wholesale sales price of the tobacco products, except little cigars and snuff as defined in section 453A.42.b. In addition to the tax imposed under paragraph “a”, a tax is imposed upon all tobacco products in this state and upon any person engaged in business as a distributor of tobacco products, at the rate of twenty-eight percent of the wholesale sales price of the tobacco products, except little cigars and snuff as defined in section 453A.42.c. Notwithstanding the rate of tax imposed pursuant to paragraphs “a” and “b”, if the tobacco product is a cigar, the total amount of the tax imposed pursuant to paragraphs “a” and “b” combined shall not exceed fifty cents per cigar.

Wholesale sales price means the price paid for untaxed tobacco products to or on behalf of a seller by a pur- chaser of the untaxed tobacco products.

Wholesale sales price means the original net invoice price for which a manufacturer sells a tobacco product to a distributor, as shown by the manufacturer's original invoice.

Examples of Wholesale sales price in a sentence

• Wholesale sales price includes the applicable federal excise tax regardless of whether it is included in the purchase price.

• Hemp-derived fiber, grain, or topical products; ( ) "Retailer" means a person who sells products containing a hemp-derived cannabinoid for consumption and not for resale; ( ) "Wholesale sale" means a sale, gift, or other transfer and delivery of a product containing a hemp-derived cannabinoid by a wholesaler or manufacturer to a retailer; ( ) "Wholesale sales price" means the actual sales price or fair market value of the hemp-derived cannabinoid product, whichever is greater.

• Wholesale sales price" means the price for which a manufacturer sells tobacco products to a distributor, exclusive of any discount or other reduction.[PL 2005, c.

• It includesall gifts by persons engaged in the business of selling tobaccoproducts, for advertising, as a means of evading the provi-sions of chapter 82.26 RCW, or for any other purposes what-soever.(g) "Wholesale sales price" means the established pricefor which a manufacturer sells tobacco product to the distrib-utor, exclusive of any discount or other reduction.(i) A wholesale sales price that is an established pricemust reflect the fair market value of the tobacco products.

• Wholesale sales price" means the original net invoice price for which a manufacturer sells a tobacco product to a distributor, as shown by the manufacturer's original invoice.

More Definitions of Wholesale sales price

Wholesale sales price means the price paid for untaxed tobacco products to or on

Wholesale sales price means the established price for which a manufacturer sells tobacco product to the distrib- utor, exclusive of any discount or other reduction.

Wholesale sales price means the established price for which a manufacturer or any person sells a tobacco product to a distributor that is not a related person as defined in section 267 of the Internal Revenue Code, exclusive of any discount or other reduction;

Wholesale sales price means the established price for which a manufacturer sells a tobacco product to a distributor, exclusive of any discount or other reduction.

Wholesale sales price means the established price for which

Wholesale sales price means the price paid for untaxed tobacco products to or on behalf of a seller by a purchaser of the untaxed tobacco products. [1985 c.816 §15; 2001 c.982 §2; 2003 c.804 §31; 2009 c.717 §1]

Wholesale sales price means the sum of: