Utah § 59-14-304 Transitional inventory tax on tobacco products -- Penalties and interest for failure to comply.

Utah Statutes

§ 59-14-304 — Transitional inventory tax on tobacco products -- Penalties and interest for failure to comply.

Utah § 59-14-304

Title 59Revenue and Taxation

Ch. 59-14Cigarette and Tobacco Tax and Licensing Act

Part 59-14-3Tobacco Products

This text of Utah § 59-14-304 (Transitional inventory tax on tobacco products -- Penalties and interest for failure to comply.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 59-14-304 (2026).

Text

(1)In addition to the tax described in Section 59-14-302, there is imposed, beginning on July 1, 2010, an inventory tax on all tobacco products subject to the tax described in Section 59-14-302, upon the sale, use, or storage of those tobacco products in the state, as follows:

(1)(a) the tax imposed in this section applies only to tobacco products sold, used, or stored in the state on or after July 1, 2010:

(1)(a)(i) for which the tax was paid at the tax rate imposed under Section 59-14-302 that was applicable on June 30, 2010; and

(1)(a)(ii) for which the tax imposed in this section has not been paid; and

(1)(b) the tax imposed in this section is equal to the difference between:

(1)(b)(i) the tax imposed on those tobacco products under Section 59-14-302, beginning on July 1, 2010; and (

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(1) In addition to the tax described in Section 59-14-302, there is imposed, beginning on July 1, 2010, an inventory tax on all tobacco products subject to the tax described in Section 59-14-302, upon the sale, use, or storage of those tobacco products in the state, as follows:

(1)(a) the tax imposed in this section applies only to tobacco products sold, used, or stored in the state on or after July 1, 2010:
(1)(a)(i) for which the tax was paid at the tax rate imposed under Section 59-14-302 that was applicable on June 30, 2010; and
(1)(a)(ii) for which the tax imposed in this section has not been paid; and
(1)(b) the tax imposed in this section is equal to the difference between:
(1)(b)(i) the tax imposed on those tobacco products under Section 59-14-302, beginning on July 1, 2010; and
(1)(b)(ii) the tax imposed on those tobacco products under Section 59-14-302 on or before June 30, 2010.
(2) The tax imposed in this section shall be paid by the manufacturer, jobber, distributor, wholesaler, or retailer.
(3) A person described in Subsection (2) shall remit the tax imposed in this section, in a return prescribed by the commission, on or before July 31, 2010.
(4) Failure of a person to comply with the requirements of this section subjects the person to the penalties and interest described in Sections 59-1-401 and 59-1-402.
(5) The commission may not waive the interest or penalties imposed on a person for failure to comply with the requirements of this section.