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§ 12-203. Wholesaler recordkeeping requirements

West's Annotated Code of MarylandTax-GeneralEffective: July 1, 2023

West's Annotated Code of Maryland
Tax-General (Refs & Annos)
Title 12. Tobacco Tax (Refs & Annos)
Subtitle 2. Returns and Records (Refs & Annos)
Effective: July 1, 2023
MD Code, Tax - General, § 12-203
§ 12-203. Wholesaler recordkeeping requirements
Currentness
In general
(a) Each wholesaler shall:
(1) keep an invoice for each purchase of tax stamps;
(2) maintain a daily record of the tax stamps affixed to cigarette packages; and
(3) maintain a complete and accurate record of each sale of cigarettes or other tobacco products for resale outside of the State.
Preservation and inspection of records
(b) A wholesaler shall:
(1) keep the records required under subsection (a) of this section for a period of 6 years or for a shorter period that the Comptroller authorizes; and
(2) allow the Comptroller or the Executive Director to examine the records.

Credits

Added by Acts 1988, c. 2, § 1, eff. Jan. 1, 1989. Amended by Acts 1999, c. 121, § 3, eff. July 1, 2000; Acts 2023, c. 450, § 1, eff. July 1, 2023.
Formerly Art. 81, §§ 449, 450, 451.
MD Code, Tax - General, § 12-203, MD TAX GENERAL § 12-203
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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