§ 39-28-109 — Records - examination - returns

Colorado § 39-28-109

• Jurisdiction: Colorado
• Title 39: Taxation
• Art.: Cigarette Tax

Text

Each wholesaler shall keep
and preserve complete and accurate records of all cigarettes purchased and sold
by him in accordance with the provisions of section 39-21-113. Any nonresident
wholesaler, authorized pursuant to section 39-28-106, shall make available to the
department, in the city and county of Denver, said records or, in the alternative,
shall bear the cost of examination by an agent authorized by the executive director
of the department of revenue at the place where such books, accounts, and records
are kept. Such cost shall consist of a charge of twenty-five dollars per diem for the
period required to make such examination, with a minimum charge of seventy-five
dollars. The department may investigate and examine the stock of cigarettes upon
any premises where the same are possessed, stored, or sold for the purpose of
determining whether the provisions of this article have been complied with. The
records which the wholesaler keeps shall be of such kind and in such form as the
department prescribes. Each wholesaler shall make a return to the department
each month containing, among other things, the total number of packages of
cigarettes sold by him during the preceding month and the tax due thereon, which
return shall be upon forms prescribed and furnished by the department and shall be
filed by the tenth day of the month following the month reported.

Legislative History

Source: L. 64: p. 824, � 9. C.R.S. 1963: � 138-8-9. L. 88: Entire section amended, p. 1339, � 3, effective July 1.