Alaska Administrative Code — Title 15 (Revenue)

15 AAC 60.070

Conditions of warehouse license

Official textakleg.govlast amended Aug 07, 1982

# (a)

A warehouse licensee must

# (1)

agree to pay all taxes imposed by AS 43.60 on alcoholic beverages removed from the licensed warehouse which are not collected, for any reason, from the owners of the alcoholic beverages;

# (2)

post a bond that guarantees payment of the alcoholic beverage excise taxes on the alcoholic beverages to be stored in the licensed warehouse in compliance with 15 AAC 60.080;
and

# (3)

file the reports and returns required by 15 AAC 60.010.

# (b)

A person with the authority to allow immediate inspection and inventory of the alcoholic beverages in the licensed warehouse by department representatives shall be available at all times during the operation of a licensed warehouse.

# (c)

Within 10 business days after any change in the information required by 15 AAC
60.060(d), a licensee shall file a statement with the department reporting the change.

# (d)

At all times during the operation of a licensed warehouse, the books, records, and federal excise tax returns of the licensee must be available for audit or inspection by department representatives for the purpose of verifying the validity of the reported inventories and tax liabilities under AS 43.60 and 15 AAC 60.
(Eff. 8/7/82, Register 83)
Statutory Authority:
Authority:
AS 43.05.010 AS 43.05.080
AS 43.05.040 AS 43.60.011

Amendment history

Eff. 8/7/82, Register 83

Source: official source document (full AAC Title 15 PDF)

In this chapter (13 sections)

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