Instructions For Monthly Report Of Tobacco Products, Snuff, And Chewing Tobacco (Page 3 of 3) in pdf

73A422(I) (8-13)

Instructions For Monthly Report

Commonwealth of Kentucky

of Tobacco Products, Snuff,

DEPARTMENT OF REVENUE

and Chewing Tobacco

Lines 27 through 31:

Line 39: A distributor discount may be applied for the

Lines 27 – 29: The tax on chewing tobacco is based on

same reasons as line 6.

the net weight of product sold during the reporting

Line 40: Total chewing tobacco tax due equals line 38

month.

For retail distributors, the tax is based on

minus distributor discount on line 39.

purchases of untaxed chewing tobacco during the

reporting month. Sales/purchases and adjustments are

reported in units.

Adjustments are made to total

Part IV:

sales/purchases, in units, during the month. Separate

List the nonparticipating manufacturer for each RYO

sheet summarizing any adjustments is required.

brand that was sold in Kentucky during the month in

Line 30: Chewing tobacco taxed at the rate of sixty-five

which the tobacco products tax was paid. If the roll your

cents ($0.65) per each pound unit (more than 8 ounces

own tobacco was not purchased directly from the

but not more than 16 ounces) sold.

manufacturer, that information may be obtained from the

Line 31: Tax due on pound units of chewing tobacco

carton or packaging. If the roll your own tobacco was

equals line 29 multiplied by the tax rate on line 30.

received from another wholesaler who has already paid

the tobacco products tax, do not list on this report. If you

Lines 32 through 39:

do not sell any roll your own tobacco during the month

Each unit shall have a net weight of more than

from a nonparticipating manufacturer, enter "NONE" in

sixteen (16) ounces. The pound unit rate of sixty-

the boxes. All boxes shall be completed.

five cents ($0.65) shall be increased by nineteen

Record Retention

cents ($0.19) per four (4) ounces or portion thereof

exceeding sixteen (16) ounces.

Line 32:

Enter the net sales/purchases of units of

Each licensed distributor and each licensed retail

chewing tobacco with a net weight of more than sixteen

distributor shall keep in each licensed place of business

(16) ounces but not more than twenty (20) ounces,

complete and accurate records for that place of

multiply by the tax rate of eighty-four cents ($0.84) and

business. Records include itemized invoices of tobacco

enter the total on line 32.

products purchased and brought into the state for sale in

Line 33:

Enter the net sales/purchases of units of

the state and shipped or transported to retailers in the

chewing tobacco with a net weight of more than twenty

state. Records should include all sales, purchase and

(20) ounces but not more than twenty-four (24) ounces,

disbursement journals, other books of original entry,

multiply by the tax rate of one dollar and three cents

general ledgers, and other records required to calculate,

($1.03) and enter the total on line 33.

verify, and document adjustments claimed and taxes

Line 34:

Enter the net sales/purchases of units of

paid.

Licensees shall preserve all such books and

chewing tobacco with a net weight of more than twenty-

records on the immediate premises of the place of

four (24) ounces but not more than twenty-eight (28)

business for a period of not less than four (4) years from

ounces, multiply by the tax rate of one dollar and twenty-

the making of the records. The records of all licensees

two cents ($1.22) and enter the total on line 34.

shall be available during this period of time for inspection

Line 35:

Enter the net sales/purchases of units of

by agents of the Department of Revenue.

chewing tobacco with a net weight of more than twenty-

eight (28) ounces but not more than thirty-two (32)

If a person liable for the tobacco products tax fails or

ounces, multiply by the tax rate of one dollar and forty-

refuses to file a correct and proper return, the

one cents ($1.41) and enter the total on line 35.

department may make an estimate of the amount of tax

Lines 36: For all units of chewing tobacco exceeding

due from any information in its possession and assess

thirty-two (32) ounces attach a separate sheet detailing

taxes, penalties and interest due the state by such

the amount of net sales/purchases of units of chewing

taxpayer.

tobacco multiplied by the appropriate tax rate.

The

appropriate tax rate used shall be one dollar and sixty

Additional Information

cents ($1.60) and remember to increase by nineteen

cents ($0.19) per four (4) ounces or portion thereof

Additional information, including the Tobacco Products

exceeding sixteen (32) ounces.

Guidelines and Form 73A422, is available on the

Line 37: To compute the tax due on chewing tobacco

Department website at

more than 16 ounces add line 32, line 33, line 34, line

35, and line 36 and enter the total on line 37.

If you need assistance you may call (502) 564-6823.

Line 38: To compute the chewing tobacco tax due add

line 21, line 26, line 31, and line 37 and enter the total on

line 38.

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Instructions For Monthly Report Of Tobacco Products, Snuff, And Chewing Tobacco Page 3

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