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 established price for which a manufacturer sells a tobacco product to a distributor, exclusive of any discount or other reduction.
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.
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.
Table 5.1: Summary of rugby union consultation Affiliated club name Rugby union definitions Rugby union in England (as specified by the RFU) is played in the following formats and as such these references are used throughout this section to refer to supply (pitch types) and demand (team types).
More Definitions of Wholesale sales price
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.
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
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 established price for which a manufacturer sells a tobacco prod- uct to a distributor, exclusive of any diminution by volume or other discounts.