59-1505 Sale of cigarettes; cost to wholesaler; filing with division. - Nebraska Statutes

59-1505. Saleof cigarettes; cost to wholesaler; filing with division.(1)Cost to the wholesaler shall mean the basic cost of cigarettes to the wholesalerplus the cost of doing business by the wholesaler, as evidenced by the standardsand methods of accounting regularly employed by him or her in his or her allocationof overhead costs and expenses, paid or incurred, and must include, withoutlimitation, labor costs, including salaries of executives and officers, rent,depreciation, selling costs, maintenance of equipment, delivery costs, alltypes of licenses, taxes, insurance, and advertising.(2) In theabsence of the filing with the division of satisfactory proof of a lesseror higher cost of doing business by the wholesaler making the sale, the costof doing business by the wholesaler shall be presumed to be four and three-quarterspercent of the basic cost of cigarettes to the wholesaler. SourceLaws1965, c. 364, § 5, p. 1188; Laws 2008, LB898, § 2.