Vermont § 7904 - Returns; records
Full text of Vermont Vermont Statutes Online § 7904 — Returns; records, with citation guidance and answers to common questions.
§ 7904. Returns; records
- (a) Any retailer or integrated licensee required to collect the tax imposed by this chapter
shall, on or before the 25th day of every month, return to the Department of Taxes,
under oath of a person with legal authority to bind the retailer or integrated licensee,
a statement containing its name and place of business, the total amount of sales subject
to the cannabis excise tax made in the preceding month, and any information required
by the Department of Taxes, along with the total tax due. Retailers and integrated
licensees shall not remit the tax collected to the Department of Taxes in cash absent
the issuance of a waiver by the Commissioner of Taxes, and the Commissioner may require
that returns be submitted electronically. (b) Every retailer and integrated licensee shall maintain, for not less than three years,
accurate records showing all transactions subject to tax liability under this chapter.
The records are subject to inspection by the Department of Taxes at all reasonable
times during normal business hours. (Added 2019, No. 164 (Adj. Sess.), § 14, eff. March 1, 2022.)
Frequently Asked Questions About Vermont § 7904
What does Vermont Statutes Online § 7904 cover?
Section 7904 ("Returns; records") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 7904?
A common citation format is "Vermont Statutes Online § 7904" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 7904 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.