Sec. 43.50.810. Minimum prices for cigarette sales.
119 words·~1 min read·
/ak/title-43/chapter-50/43-50-810A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 43.50.810. Minimum prices for cigarette sales.
(a)For the purposes of AS 43.50.710 — 43.50.849, the department shall determine the minimum price for which a wholesaler may advertise, offer to sell, or sell cigarettes at wholesale by applying the following formula:
Wholesale Minimum Price = 1.02(M — D + T),
where M = the manufacturer's list price;
D = trade discounts; and
T = the full face value of all cigarette taxes.
(b)For the purposes of AS 43.50.710 — 43.50.849, the department shall determine the minimum price for which a retailer or wholesaler may advertise, offer to sell, or sell cigarettes at retail by multiplying by 1.04 the wholesale minimum price determined under
(a)of this section.