Section 15.50.110. Tax credits and refunds.

	(a)  A person paying tax on cigarettes which are destroyed, or which are returned unsalable to the manufacturer, before sale, may claim a credit on a return of the tax paid on the destroyed or unsalable cigarettes.  
	(b)  If a claim for credit is made for destroyed cigarettes, the claim for credit must be supported by a form issued by the U.S. Department of Treasury substantiating the destruction. If a claim for credit is made for cigarettes returned unsalable, the claim for credit must be supported by a credit invoice issued by the manufacturer.  
	(c)  If a person is entitled to a credit under this section after having filed a final return under 15 AAC 50.120(e), the person may claim a refund of the tax. A claim for refund must be filed on a form provided by the department and must include the number and circumstances of the cigarettes destroyed or returned unsalable. A claim for refund must also be supported by the forms and invoices required by (b) of this section.  

Authorities

43.05.080;43.50.090;43.50.150

Notes

Reference

15 AAC 50.120

Authority

AS 43.05.080 AS 43.50.090 AS 43.50.150

History

Eff. 2/27/83, Register 85