2009 Nebraska Code
Chapter 77 REVENUE AND TAXATION
77-2602.03 Increase in tax; applicability; cigarette wholesaler; duties; credit to wholesaler.

77-2602.03. Increase in tax; applicability; cigarette wholesaler; duties; credit to wholesaler.

The increase in the tax shall apply to all unused stamps, meter impressions, and packages of stamped cigarettes owned by cigarette wholesalers at 12:01 a.m. on the day the increase becomes operative. On the date any change in the tax takes effect, each cigarette wholesaler shall take an inventory of all unused stamps, meter impressions, and packages of stamped cigarettes owned by the cigarette wholesaler at 12:01 a.m. The additional tax shall be remitted with the return for the last month preceding the date any change in the tax takes effect. The Tax Commissioner shall credit to each wholesaler an amount equal to the additional tax on two weeks of such wholesaler's average purchases of tax stamps.

Source

Laws 1982, LB 753, § 3;
Laws 1985, LB 653A, § 2;
Laws 1985, Second Spec. Sess., LB 3, § 2;
Laws 1987, LB 730, § 28;
Laws 2002, LB 989, § 10.