HB0006 - Tobacco product tax.

 

2001

State of Wyoming

01LSO-0133

 

 

 

HOUSE BILL NO.  HB0006

 

 

Tobacco product tax.

 

Sponsored by:  Joint Revenue Interim Committee

 

 

A BILL

 

for

 

 1  AN ACT relating to taxation and revenue; providing for the
 2  administration of the cigarette and tobacco products excise
 3  tax as specified; and providing for an effective date.

 4 

 5  Be It Enacted by the Legislature of the State of Wyoming:

 6 

 7        Section 1.  W.S. 39-18-103(a)(iii) and (c)(iii),
 8  39-18-104(c) and 39-18-107(c)(i)(intro), (A), (B) and by
 9  creating a new subparagraph (D) are amended to read:

10 

11        39-18-103.  Imposition.

12 

13        (a)  Taxable event. The following event shall
14  constitute a taxable event under this article:

15 

16            (iii)  In addition to the other taxes imposed by
17  this subsection, there is levied and assessed upon cigars,

 

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 1  snuff and other tobacco products sold in this state,
 2  purchased or imported into this state by wholesalers for
 3  resale, except cigarettes taxed under this subsection, an
 4  excise tax at the rate of twenty percent (20%) of the
 5  wholesale purchase price at which the tobacco products are
 6  purchased by wholesalers from manufacturers;

 7 

 8        (c)  Taxpayer.  The following taxpayers are liable for
 9  the tax imposed by this article:

10 

11             (iii)  In addition to the other taxes imposed by
12  this subsection, there is levied and assessed upon cigars,
13  snuff and other tobacco products sold in this state,
14  purchased or imported into this state by wholesalers for
15  resale, except cigarettes taxed under this subsection, an
16  excise tax at the rate of twenty percent (20%) of the
17  wholesale purchase price at which the tobacco products are
18  purchased by wholesalers from manufacturers;

19 

20        39-18-104.  Taxation rate.

21 

22        (c)  In addition to the other taxes imposed by this
23  section, there is levied and assessed upon cigars, snuff
24  and other tobacco products sold in this state, purchased or

 

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 1  imported into this state by wholesalers for resale, except
 2  cigarettes taxed under this section, an excise tax at the
 3  rate of twenty percent (20%) of the wholesale purchase
 4  price at which the tobacco products are purchased by
 5  wholesalers from manufacturers.

 6 

 7        39-18-107.  Compliance; collection procedures.

 8 

 9        (c)  Timelines.  The following shall apply:

10 

11            (i)  No later than the twentieth day of the month
12  following the sale of cigarettes, or the month following
13  the end of the calendar quarter for cigars, snuff or other
14  tobacco products each wholesaler shall return to the
15  department the following information on forms furnished by
16  the department:

17 

18                 (A)  The number of packages of cigarettes,
19  and the amount of cigars, snuff or other tobacco products
20  sold in each incorporated city and town;

21 

22                 (B)  The number of packages of cigarettes,
23  and the amount of cigars, snuff or other tobacco products

 

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 1  sold in each county outside the incorporated cities and
 2  towns;

 3 

 4                 (D)  The amount paid by the wholesaler to
 5  the manufacturer for cigars, snuff or other tobacco
 6  products.

 7 

 8        Section 2.  This act is effective July 1, 2001.

 9 

10                 (END)

 

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