Form Ct301 - Tobacco Tax Monthly Return (Page 2 of 3) in pdf

Form CT301 Instructions

postmarked by the next business day are

banks require up to three business days

Before you File

considered timely.

to transfer funds. Additional instructions

You Need a Minnesota ID Number

for making a payment by ACH credit are

Keep Good Records

Your Minnesota tax ID number is the

available on our website or by calling 651-

seven-digit number you’re assigned when

You must keep complete and accurate re-

282-5225 or 1-800-657-3605.

you register with the Minnesota Department

cords at each licensed location, including:

To Pay by Check

of Revenue.

• itemized invoices of cigarettes or other

If you’re not required to pay electronically

If you don’t have a Minnesota ID number,

tobacco products stored, purchased,

and are paying by check, visit our website

you must apply for one online at www.

manufactured, brought in or caused to be

at and click on

revenue.state.mn.us or by calling 651-

brought in from outside Minnesota, or

“Make a Payment” and then “By check” to

282-5225 or 1-800-657-3605.

shipped or transported to retailers in Min-

create a voucher. Print and mail the voucher

nesota; and

with a check made payable to Minnesota

Who must file

• sales of cigarettes or other tobacco prod-

Revenue.

All Minnesota tobacco products distributors

ucts made, except sales to the ultimate

When you pay by check, your check autho-

must file a return and applicable schedules

consumer.

rizes us to make a one-time electronic fund

each month. The file formats are located at

transfer from your account, and you may

Save all books, records and other docu-

/eservices/Pages/

ments for at least 3½ years. We may ask

not receive your canceled check.

Cigarette-and-Tobacco-Tax-File-Formats.

to inspect your records or inventory at any

You must file a return even if there is no tax

time during normal business hours.

Penalties and Interest

liability or transactions for that month.

You’ll be billed penalty and interest charges

Filing Reminders

Amending Your Return

if you don’t pay or file your taxes on time.

When Completing Your Return

If you are filing an amended return, be sure

Late payment. The penalty is 5 percent of

to check the box at the top of the form.

Enter your name, address, FEIN, Minnesota

the unpaid tax for each 30 days the payment

tax ID number and tax period on each form.

is late (or any part of 30 days) up to 15

Payments

percent.

Definition of Tobacco

Electronic Payment Requirements

Late filing. The penalty is 5 percent of the

Products

If you owe $10,000 or more in tax during

unpaid tax.

the last 12-month period ending June 30,

A tobacco product is any product that con-

The maximum penalty for paying and filing

you’re required to pay your tax electroni-

tains, or is made or derived from tobacco

late is 20 percent.

cally the following calendar year.

that is intended for human consumption,

Criminal penalties. You may face criminal

whether chewed, smoked, absorbed, dis-

You must also pay electronically if you’re

penalties if you file a false or fraudulent

solved, inhaled, snorted, sniffed or ingested

required to pay any Minnesota business tax

return, or intentionally don’t file to avoid

by any other means.

electronically, such as sales and withhold-

paying tax.

ing tax.

The definition excludes any tobacco

product that has been approved by the U.S.

Interest. You’ll be charged interest on the

If you’re required to pay electronically and

Food and Drug Administration and is mar-

don’t, you’ll be assessed a 5 percent penalty

unpaid tax plus penalty from the date the

keted and sold solely as a tobacco cessation

tax was due until it is paid in full.

on each payment.

product, as a tobacco dependence product

Electronic Payment Options

or for other medical purposes.

Name/Address/Ownership

• To pay over the Internet, go to our web-

Definition of Wholesale Sales Price.

Changes

site at and log

“Wholesale sales price” is the price at

in to e-Services.

If your business changes its name, address,

which a distributor purchases a tobacco

or ownership, notify the Minnesota

product. Wholesale sales price includes ap-

• If you don’t have Internet access, call

Department of Revenue in writing. Be sure

plicable federal excise tax, freight charges,

1-800-570-3329 to pay by phone.

to include your Minnesota tax ID number,

or packaging costs, regardless of whether

You’ll need your user name, password and

Federal Employee Identification Number

they were included in the purchase price.

bank routing and account numbers. The ac-

(FEIN) or Social Security number (SSN).

count must be located in the United States.

Due Date

Permit Cancellations

After you authorize the payment, you’ll re-

All cigarette and tobacco tax returns and

ceive a confirmation number. You can can-

If you discontinue your business, you

payments are due on the 18th day of the

cel a payment up to one business day before

must notify the department in writing and

month following the end of the reporting

the scheduled payment date, if needed.

note the effective date of cancellation. If

month. You must file a return even if there

you sold your business, please provide the

ACH credit method and Fed Wire. If you

is no tax liability for that month.

name and address of the buyer. You must

use other electronic payment methods, such

The U.S. postmark date is considered

file a return for the month you went out of

as ACH credit method or Fed Wire, check

the filing date (postage meter marks are

business.

with your bank or Fed Wire representative

not valid). When the due date falls on a

to find out when to initiate the payment in

Permits are not transferable and must be

Saturday, Sunday or legal holiday, returns

order for it to be received on time. Some

returned to the department. Attach your

filed or payments electronically made or

permit to your final return.

Form Ct301 - Tobacco Tax Monthly Return Page 2

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