Portion constituting tax*   x .301

Tax paid     - $2,709

Tax that may be deducted     $ 841

*$3,550 tax ¸ $11,800 invoice amount = .301.

Tax 9.70(3)(e) (e) Tax rate change. If the deduction under par. (a) is claimed for a month when the cigarette or tobacco products or vapor products tax rate is different from the tax rate in effect when the cigarettes, tobacco or vapor products were sold, the tax rate in effect when the cigarettes, tobacco or vapor products were sold shall be used to determine the amount of the deduction.

Tax 9.70(3)(f) (f) Illegal sales. No deduction under par. (a) shall be allowed for cigarette, tobacco, and vapor products tax attributable to bad debt incurred on sales of cigarettes, tobacco, or vapor products sold in violation of state or federal law.

Tax 9.70 Note Example: Sales of banned products sold in violation of the directory of certified manufacturers and brands, s. 995.12, Stats.

Tax 9.70 Note Note: Section Tax 9.70 interprets ss. 139.362 and 139.801, Stats.

Tax 9.70 Note Note: Sections 139.362 and 139.801, Stats., were created by 2005 Wis. Act 25, and took effect on September 1, 2005.

Tax 9.70 History History: CR 06-107: cr. Register April 2007 No. 616, eff. 5-1-07; CR 22-044: am. (title), (1), cr. (2) (e), am. (3) (a), (c) to (f) Register June 2023 No. 810, eff. 7-1-23.