Laws, Regulations and Annotations


Business Taxes Law Guide—Revision 2024

Cigarette and Tobacco Products Tax Law

Revenue and Taxation Code

Division 2. Other Taxes
Part 13. Cigarette Tax
Chapter 3.5. Stamps and Meter Machines1

Article 2. Sale to Distributors

Section 30166

30166. Payment for stamps and settings; discount. Stamps and meter register settings shall be sold to licensed distributors at their denominated values less a discount of 0.85 percent , which shall be capped at the first one dollar ($1.00) in denominated value. Payment for stamps or meter register settings shall be made at the time of purchase, provided that a licensed distributor, subject to the conditions and provisions of this article, may be permitted to defer payments therefor.

History—Added by Stats. 1961, p. 2316, operative July 16, 1961. Stats. 1967, p. 2519, operative August 1, 1967, substituted "0.85 percent" for "2 percent." Proposition 56, Section 5.4, approved by voters at the November 8, 2016 election, in effect November 9, 2016, added "to licensed distributors" after "shall be sold" and substituted ",which shall be capped at the first one dollar ($1.00) in denominated value" for "to licensed distributors" after "0.85 percent" in the first sentence.

1Chapter 3.5 was added to Part 13 by Stats. 1961, p. 2315, operative July 16, 1961.