BOE-501-CW (FRONT) REV. 5 (7-07)
STATE OF CALIFORNIA
BOARD OF EQUALIZATION
CIGARETTE WHOLESALER'S REPORT DUE ON OR BEFORE
BOARD USE ONLY
RA-B/A RR-QS AUD FILE REG REF
YOUR ACCOUNT NO. EFF
BOARD OF EQUALIZATION EXCISE TAXES DIVISION P O BOX 942879 SACRAMENTO CA 94279-2074
READ INSTRUCTIONS BEFORE PREPARING
INSTRUCTIONS Every licensed cigarette wholesaler is required to file a monthly report on or before the 25th day of the month following the monthly reporting period showing the activity in his cigarette inventory. Complete and accurate records of all transactions in cigarettes and a duplicate of this report must be retained on the licensed premise for verification by Board auditors.
Line 1. Line 2. Line 3. Enter your cigarette inventory at the beginning of the month. Enter the total cigarette purchases for the month. This total must agree with the total of the detail listing of purchase invoices shown on Part 2 of this report. Enter other acquisitions of cigarettes such as cigarettes returned from a sale made during a prior month, transfers from other wholesalers, etc. A full explanation of the cigarettes entered on this line should be made in the space reserved for this purpose or on an attached supplemental sheet. Enter the inventory at the end of the month and show the date of the last physical inventory. A physical inventory of cigarettes on hand is required to be taken not less often than at three-month intervals. This line is reserved to include other dispositions of cigarettes such as losses by theft, fire or other damage and transfers to other wholesalers, etc., which might not be classified as sales. As in the case of line 3, a full explanation of the entry on this line must be made in the space reserved for this purpose or on an attached sheet of paper. The entry on this line should agree with your record of cigarette sales for the calendar month being reported.
Line 5. Line 6.
Explain fully the entries on lines 3 and 6
PART 1 - CIGARETTE STOCK SUMMARY
1. Inventory first of month 2. Purchased during month (enter total from Part 2 on reverse) 3. Other acquisitions (transfers, returns, etc.) 4. Total cigarettes to account for (add lines 1 through 3) 5. Deduct: Inventory end of month (last physical inventory date __________ ) 6. Deduct: Other dispositions (destroyed, stolen, lost, etc.) 7. Total deductions (add lines 5 and 6) 8. TOTAL SALES DURING MONTH (subtract line 7 from line 4) 1. 2. 3. 4. 5. 6. 7. 8.
CARTONS OF CIGARETTES
I hereby certify that this report, including any accompanying schedules and statements, has been examined by me and to the best of my knowledge and belief is a true, correct, and complete report.
YOUR SIGNATURE AND TITLE TELEPHONE NUMBER DATE
This report must be signed. Make a copy of this document for your records.
BOE-501-CW (BACK) REV. 5 (7-07)
PART 2 - PURCHASES OF CIGARETTES
DATE INVOICE NUMBER PURCHASED FROM (NAME) CITY CARTONS OF CIGARETTES
TOTAL (enter on Part 1, line 2)
If you wish additional information, please contact the State Board of Equalization, Excise Taxes Division, 450 N Street, P.O. Box 942879, Sacramento, CA 94279-0056, Telephone 800-400-7115.