Division of class assessment to individual entities.

CFR · 2024-01-01 · US · Title 7

(a) In order to determine the assessment owed by an entity, that portion of the national assessment assigned to each class of tobacco will be further divided at the entity level. The amount of the assessment for each class of tobacco to be paid by each domestic manufacturer and importer of tobacco products will be determined by multiplying: (1) With respect to each class of tobacco, the adjusted market share of such manufacturer or importer; by (2) The total amount of the assessment for that class of tobacco for the calendar year quarter. (b) For purposes of determining the volume of domestic sales of each class of tobacco products and for each entity, such sales shall be based upon the reports filed by domestic manufacturers and importers of tobacco with the Department of Treasury and the Department of Homeland Security and shall correspond to the quantity of the tobacco product that is removed into domestic commerce by each such entity: (1) For cigarettes and cigars, on the number of cigarettes and cigars reported on such reports; (2) For all other classes of tobacco, on the number of pounds of those products. (c) In determining the adjusted market share of each manufacturer or importer of a class of tobacco products, except for cigars, CCC will determine to the fourth decimal place an entity's share of excise taxes paid of that class of tobacco product during the immediately prior calendar year quarter. With respect to cigars, CCC will determine the adjusted market share f

official document · source cfr-2024 · id 7:§ 1463.7