(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.
Structure Alaska Statutes
Title 43. Revenue and Taxation
Chapter 50. Tobacco Taxes and Sales
Article 7. Unfair Cigarette Sales.
Sec. 43.50.710. Sale at less than minimum price; rebate in price.
Sec. 43.50.720. Sale at less than minimum price; sale with gift or concession.
Sec. 43.50.740. Manufacturer price list.
Sec. 43.50.750. Contracts in violation of law are illegal.
Sec. 43.50.790. Administration of AS 43.50.710 - 43.50.849; regulations.
Sec. 43.50.810. Minimum prices for cigarette sales.