§ 12-303. Purchase of tax stamps

MD Tax-Gen Code § 12-303 (2019) (N/A)
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(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.