Changes to Discount Rates for Tobacco Tax Stamps and Rebate Amounts for Red Stamps
The Arizona Department of Revenue has issued Luxury Tax Notice 16-03 regarding recent changes to A.R.S. § 42-3458 which will become effective on August 6, 2016. These changes provide new discount rates for tax stamp purchases, new rebate amounts for red stamps and a new “administrative allowance” for purchases of tax stamps with a face value of zero.
