011-4 Wyo. Code R. §§ 4-7 - Jenkins Act/use tax assessments
(a) Federal law
requires cigarette vendors who sell and ship cigarettes into another state to
anyone other than a licensed wholesaler to report to each state where shipments
are made (1) the name and address of the purchaser, (2) the brands of
cigarettes shipped and, (3) the quantities of cigarettes shipped. (Jenkins Act
15 U.S.C.
357 - 378 ). The Department shall assess tax
due on these purchases based on the information received.
(i) Cigarette Tax and Use Tax: Transactions
subject to use tax: The purchase of cigarettes from outside the state for use,
storage or consumption within the state shall be subject to use tax under
W.S.
39-16-103(a)(i) and
cigarette tax under W.S. W.S.
W.S.
39-18-103(a)(ii).
(ii) Use tax is calculated based on the
purchase price multiplied by the current tax rate in effect in the county where
the taxpayer takes receipt of the product for storage and
consumption.
(iii) Cigarette tax is
calculated based on the number of packages (20 sticks per package) multiplied
by the current cigarette tax rate as stated in W.S. W.S.
W.S.
39-18-104.
Notes
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