Where nicotine products, upon which the tax imposed by this article 28.6 has been reported and paid, are shipped or transported by the distributor to retailers without the state to be sold by those retailers, are shipped or transported by the distributor to a consumer without the state on or after January 1, 2021, or are returned to the manufacturer by the distributor or destroyed by the distributor, credit of such tax may be made to the distributor in accordance with regulations prescribed by the department.
Source: L. 2020: Entire article added, (HB 20-1427), ch. 248, p. 1202, § 18, effective January 1, 2021.
Structure Colorado Code
Article 28.6 - Nicotine Products Tax
§ 39-28.6-101. Legislative Declaration
§ 39-28.6-105. Licensing Required - Rules - Fines
§ 39-28.6-106. Books and Records to Be Preserved
§ 39-28.6-107. Returns and Remittance of Tax - Civil Penalty - Rules
§ 39-28.6-108. When Credit May Be Obtained for Tax Paid
§ 39-28.6-109. Distribution of Tax Collected
§ 39-28.6-110. Taxation by Cities and Towns