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Publication 509(3/17)Department of Taxation and FinanceMinimum Wholesale and Retail Cigarette Prices As a result of price increases by manufacturers, the minimum wholesale and retail prices for certain
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Minimum wholesale and retail refers to the lowest price at which a product or service can be sold to wholesalers and retailers in a given market.
The requirement to file minimum wholesale and retail may vary depending on local regulations and industry standards. It is typically the responsibility of manufacturers, distributors, or suppliers to adhere to these requirements.
The process of filling out minimum wholesale and retail will depend on the specific requirements set by the relevant authorities or industry associations. Generally, it involves providing accurate pricing information for the product or service, including the minimum wholesale and retail prices.
The purpose of minimum wholesale and retail is to ensure fair competition and prevent unfair pricing practices in the market. It helps to establish a level playing field for businesses and protect consumers from price manipulation.
The information that must be reported on minimum wholesale and retail typically includes the product or service description, minimum wholesale price, and minimum retail price. Additional information such as product codes, unit quantities, and any applicable discounts may also be required.
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