27 C.F.R. § 46.222 Floor stocks tax rates.
Title 27 - Alcohol, Tobacco Products and Firearms
Title 27: Alcohol, Tobacco and Firearms
PART 46—MISCELLANEOUS REGULATIONS RELATING TO TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES
Subpart I—Floor Stocks Tax on Cigarettes Held for Sale on January 1, 2000 and on January 1, 2002
Compute Tax Liability
§ 46.222 Floor stocks tax rates.
------------------------------------------------------------------------ Type or kind January 1, 2000 January 1, 2002------------------------------------------------------------------------Small Cigarettes (3 pounds or $5 per 1,000 or 10 $2.50 per 1,000 or less per 1,000). cents per 20. 5 cents per 20Large Cigarettes (more than 3 $10.50 per 1,000 $5.25 per 1,000 or pounds per 1,000). or 21 cents per 10.5 cents per 20 20.------------------------------------------------------------------------ Special rule: For large cigarettes over 6\1/2\ inches long determine the rate for each length. Multiply the rate prescribed for small cigarettes by the whole number that represents the addition of each 2\3/4\ inches and any fraction of the length, as one (1)------------------------------------------------------------------------
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