City Line Candy & Tobacco Corp. v. Commissioner

141 T.C. No. 13

UNITED STATES TAX COURT CITY LINE CANDY & TOBACCO CORP., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 31303-08. Filed November 19, 2013. P, a corporation, is a reseller and licensed wholesale dealer of cigarettes in New York. New York law provides that all cigarettes possessed for sale must bear a stamp issued by the New York tax commissioner. N.Y. Tax Law sec. 471(1) (McKinney 2006 & Supp. 2013). Pursuant to this law, P, a licensed cigarette stamping agent for New York, purchases cigarette packs for sale, purchases and affixes cigarette tax stamps to…