(a) For the purposes of AS 43.50.710 - 43.50.849, the department shall determine the minimum price for which a wholesaler may advertise, offer to sell, or sell cigarettes at wholesale by applying the following formula:Wholesale Minimum Price = 1.02(M - D + T),where M = the manufacturer's list price;D = trade discounts; andT = the full face value of all cigarette taxes. (b) For the purposes of AS 43.50.710 - 43.50.849, the department shall determine the minimum price for which a retailer or wholesaler may advertise, offer to sell, or sell cigarettes at retail by multiplying by 1.04 the wholesale minimum price determined under (a) of this section. (a) For the purposes of AS 43.50.710 - 43.50.849, the department shall determine the minimum price for which a wholesaler may advertise, offer to sell, or sell cigarettes at wholesale by applying the following formula:Wholesale Minimum Price = 1.02(M - D + T),where M = the manufacturer's list price;D = trade discounts; andT = the full face value of all cigarette taxes. (b) For the purposes of AS 43.50.710 - 43.50.849, the department shall determine the minimum price for which a retailer or wholesaler may advertise, offer to sell, or sell cigarettes at retail by multiplying by 1.04 the wholesale minimum price determined under (a) of this section.
Alaska Legal Code