§ 12–303

Statutes in effect as of October 1, 2026.

Md. Code Ann., Tax-Gen. § 12-303 (2026)

Title 12. Tobacco Tax

Subtitle 3. Tax Payment

(a)

(1)

A licensed wholesaler may buy tax stamps, in the manner and at the time that the Comptroller requires by regulation.

(2)

Tax stamps may not be bought from a person other than the Comptroller unless the buyer:

(i)

has written permission from the Comptroller to do so; or

(ii)

is acting in accordance with the regulations of the Comptroller for stamping floor stock.

(b)

The Comptroller shall allow a licensed wholesaler a discount of 0.82% of the purchase price of tax stamps.