Utah Code 59-14-304. Transitional inventory tax on tobacco products — Penalties and interest for failure to comply
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(1) In addition to the tax described in Section 59-14-302 , there is imposed, beginning on July 1, 2010, an inventory tax on all tobacco products subject to the tax described in Section 59-14-302 , upon the sale, use, or storage of those tobacco products in the state, as follows:
Terms Used In Utah Code 59-14-304
- Equal: means , with respect to biological sex, of the same value. See Utah Code 68-3-12.5
- manufacturer: means a person that:(13)(a)(i) manufactures, fabricates, assembles, processes, or labels a finished cigarette; or(13)(a)(ii) makes, modifies, mixes, manufactures, fabricates, assembles, processes, labels, repackages, relabels, or imports an electronic cigarette product or a nicotine product. See Utah Code 59-14-102
- Person: means :
(24)(a) an individual;(24)(b) an association;(24)(c) an institution;(24)(d) a corporation;(24)(e) a company;(24)(f) a trust;(24)(g) a limited liability company;(24)(h) a partnership;(24)(i) a political subdivision;(24)(j) a government office, department, division, bureau, or other body of government; and(24)(k) any other organization or entity. See Utah Code 68-3-12.5- Retailer: means a person that:
(22)(a) sells or distributes a cigarette, an electronic cigarette product, or a nicotine product to a consumer in the state; or(22)(b) intends to sell or distribute a cigarette, an electronic cigarette product, or a nicotine product to a consumer in the state. See Utah Code 59-14-102- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(1)(a) the tax imposed in this section applies only to tobacco products sold, used, or stored in the state on or after July 1, 2010:(1)(a)(i) for which the tax was paid at the tax rate imposed under Section59-14-302 that was applicable on June 30, 2010; and(1)(a)(ii) for which the tax imposed in this section has not been paid; and(1)(b) the tax imposed in this section is equal to the difference between:(1)(b)(i) the tax imposed on those tobacco products under Section59-14-302 , beginning on July 1, 2010; and(1)(b)(ii) the tax imposed on those tobacco products under Section59-14-302 on or before June 30, 2010.(2) The tax imposed in this section shall be paid by the manufacturer, jobber, distributor, wholesaler, or retailer.(3) A person described in Subsection(2) shall remit the tax imposed in this section, in a return prescribed by the commission, on or before July 31, 2010.(4) Failure of a person to comply with the requirements of this section subjects the person to the penalties and interest described in Sections59-1-401 and59-1-402 .(5) The commission may not waive the interest or penalties imposed on a person for failure to comply with the requirements of this section. - Person: means :