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§ 12-303. Tax stamp purchases

West's Annotated Code of MarylandTax-General

West's Annotated Code of Maryland
Tax-General (Refs & Annos)
Title 12. Tobacco Tax (Refs & Annos)
Subtitle 3. Tax Payment (Refs & Annos)
MD Code, Tax - General, § 12-303
§ 12-303. Tax stamp purchases
In general
(a)(1) A licensed wholesaler may buy tax stamps, in the manner and at the time that the Comptroller requires by regulation.
(2) Tax stamps may not be bought from a person other than the Comptroller unless the buyer:
(i) has written permission from the Comptroller to do so; or
(ii) is acting in accordance with the regulations of the Comptroller for stamping floor stock.
Discount
(b) The Comptroller shall allow a licensed wholesaler a discount of 0.82% of the purchase price of tax stamps.

Credits

Added by Acts 1988, c. 2, § 1, eff. Jan. 1, 1989. Amended by Acts 1991, c. 671, § 1; Acts 1992, 1st. Sp. Sess., c. 1, § 1; Acts 1999, c. 121, § 1, eff. July 1, 1999.
Formerly Art. 81, §§ 434, 437, 438.
MD Code, Tax - General, § 12-303, MD TAX GENERAL § 12-303
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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