Alaska Statutes (Last Updated: January 11, 2017) |
Title 43. REVENUE AND TAXATION. |
Chapter 43.50. TOBACCO TAXES AND SALES. |
Article 43.50.06. CIGARETTE TAX STAMPS. |
Section 43.50.560. Suspension of deferred-payment basis privilege.
Latest version.
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The department may suspend, without prior notice, a licensee's privilege to purchase stamps on a deferred-payment basis or may reduce the monthly dollar amount of purchases the licensee may make under AS 43.50.550 if
(1) the licensee fails to pay for stamps when payment is due;
(2) the licensee's bond is cancelled or becomes void, impaired, or unenforceable;
(3) the department determines that the collection of an amount unpaid or due from the licensee under this chapter is jeopardized; or
(4) the licensee violates a state statute or regulation related to the collection of taxes under this chapter.
Notes
History
(Sec. 19 ch 109 SLA 2003)