There is a newer version of this Section
2021 Maryland Statutes
Tax - General
Title 12 - Tobacco Tax
Subtitle 3 - Tax Payment
Section 12-303 - Purchase of Tax Stamps
Universal Citation: MD. Tax - General Code Ann. § 12-303 (2021)
(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.
(b) The Comptroller shall allow a licensed wholesaler a discount of 0.82% of the purchase price of tax stamps.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.