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Florida Administrative Code (Last Updated: October 28, 2024) |
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61. Department of Business and Professional Regulation |
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61A. Division of Alcoholic Beverages and Tobacco |
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61A-10. Cigarette Tax Division Rules |
1The Division shall authorize a wholesale dealer as a stamping agent to affix stamps to packages of cigarettes provided the dealer furnishes the Division with26:
27(1) An irrevocable letter of credit, certificate of deposit, unconditional guarantee contract, or a surety bond, issued by a solvent surety company registered to do business in this state, equal to 110% of the estimated monthly tax liability, but not less than $2,000, as required in Sections 75210.05 76and 77210.08, F.S. 79The Division shall determine the estimated monthly tax liability based on the packs of unstamped cigarettes purchased for resale within the State of Florida, 103for which the stamps have been purchased on credit in lieu of cash payment117.
118(a) Surety amounts will be reviewed with every audit to verify compliance with this 132r133ule. The surety amount will be based on the highest month’s total liability.
146(b) Liability for stamp purchases shall not exceed the surety amount.
157(c) Each month, an agent that has met the surety amount for credit liability may purchase additional stamps for cash on delivery, provided that the division receives the cash equivalent payment prior to sale of additional stamps.
194(d) Payment for stamps must be made by certified check or the bank equivalent, or by electronic funds transfer, but not by cash currency.
218(219e220) Stamping agents will provide the Division with a continuation certificate of the surety when the stamping agents pay their surety premium.
242(243f244) If a surety instrument is cancelled, the stamping agent must cease operation.
257(258g259) Applicants shall properly execute and submit form DBPR ABT-6032, Division of Alcoholic Beverages and Tobacco Surety Bond Form, which may be obtained as specified in Rule 28661A-5.001, 287F.A.C., 288and is incorporated herein by reference and effective (2/08). Instructions for filling out form DBPR ABT-6032 are provided in form DBPR ABT-6032i, Instructions for Completing DBPR ABT-6032, Division of Alcoholic Beverages and Tobacco Surety Bond Form, which may be obtained as specified in Rule 33261A-5.001, 333F.A.C., 334and is incorporated herein by reference and effective (2/08).
343(2) A letter from manufacturers and importers stating that they will ship to the applicant direct.
359(3) A letter from the wholesale dealer requesting to be a stamping agent.
372(4) If licensed as a stamping agent by another state, authorization from that state to purchase and affix that state’s tax indicia within the State of Florida.
399Rulemaking 400Authority 401210.10 FS. 403Law Implemented 405210.01, 406210.021, 407210.05, 408210.08, 409210.15 410FS. 411History–New 4129-2-08, 413Amended 10-11-09.
