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As far as my inventory, would it be acceptable if I just figure out how much tax I owe per tobacco product and pay the floor stocks tax by that method?

April 26, 2017acceptable figure floor Inventory pay Product tax tobacco

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As far as my inventory, would it be acceptable if I just figure out how much tax I owe per tobacco product and pay the floor stocks tax by that method?

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Detailed guidance on the inventory method is available in the instructions for the floor stocks tax return (TTB P 5000.28T09).