Form TOB: SCC Stamp Consignment Contract - Alabama

Form TOB: SCC or the "Stamp Consignment Contract" is a form issued by the Alabama Department of Revenue.

The form was last revised in October 1, 2015 and is available for digital filing. Download an up-to-date fillable Form TOB: SCC in PDF-format down below or look it up on the Alabama Department of Revenue Forms website.

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TOB: SCC
10/15
Reset
A
D
r
lAbAmA
epArtment of
evenue
b
& l
t
D
usiness
icense
Ax
ivision
t
t
s
obAcco
Ax
ection
p.o. box 327555 • montgomery, Al 36132-7555 • (334) 242-9627
stamp consignment contract
stAte of AlAbAmA
1. this agreement entered into by and between the Alabama Department of revenue, hereinafter called the party of the first
part, on behalf of the state of Alabama and________________________________________________________________________
COMPANY NAME (If single member LLC, show individual’s name. If multi-member LLC, show name and each member’s name.)
_____________________________________________________________________________________________________________
_____________________________________________________________________ hereinafter called the party of the second part:
STREET ADDRESS / CITY / STATE / ZIP CODE
2. WltnessetH: that the party of the second part is doing business in the state of Alabama and engaging in the business
of selling certain articles or commodities and for the privilege of carrying on such business is subject to the payment of license
taxes which are measured by and graduated in accordance with the volume of sales of such person, firm, or corporation as
is provided by Code of Alabama 1975, section 40-25-1 through 40-25-29 as amended and said taxes are required to be paid
by affixing stamps to said articles or commodities.
3. in order to procure said stamps at a discount of four and three-quarter (4-3/4) percent, and not to pay the Alabama
Department of revenue cash therefore, this consignment contract is entered into in pursuance of said statute.
4. the party of the first part is, from time to time, and in such denominations and in quantities of not less that two Hundred
Dollars ($200.00) to send to the party of the second part Alabama tax stamps and the number and value of such stamps are,
when so sent, to be charged to the party of the second part as consignee of the party of the first part.
5. that the party of the second part agrees to receive the said stamps and use them solely and exclusively in his own personal
business. that all said stamps are to be held in trust by the party of the second part for the party of the first part in behalf of
the state of Alabama. the amount and value due shall be remitted to the Alabama Department of revenue monthly as here-
inafter provided.
6. that the party of the second part agrees to report to the party of the first part at the end of each and every month during
which this agreement is in force, the number and denominations of stamps used, the total value thereof, and the number,
denominations, and value of all stamps remaining on hand unused. the party of the second part shall, at the same time, remit
to the party of the first part the amount and value of the stamps so purchased during the month ended which amount shall
be the aggregate value of all such stamps purchased, less discount as hereinafter provided, so that monthly accounting shall
be made to the party of the first part for all stamps purchased.
7. the party of the second part may deduct as discount allowed by said statute four and three-quarter (4-3/4) percent of the
face value of all stamps purchased by his or its business during each month provided the amount purchased by him or it shall
be $200.00 or more.
8. the party of the second part agrees to make all reports and remittances for stamps on or before the twentieth day of each
and every month. in order to facilitate the accounting for all stamps purchased during the month, the party of the second part
agrees to make remittances specifying the invoice or invoices covered by his report and remittance in the net amount. failure
of the party of the second part to make such reports and remittances on or before the twentieth day of each month will cause
the party of the second part to forfeit said four and three-quarter percent discount as provided by statute.
9. it is agreed that any shortage in any shipment of stamps shall be reported in detail to the party of the first part within three
(3) days after receipt of shipment by party of the second part, and if such report is not received by the party of the first part
within three (3) days, consideration and allowance of such claim may be disallowed and the party of the second part shall
stand charged with the shipment thereof as shown by invoice.
TOB: SCC
10/15
Reset
A
D
r
lAbAmA
epArtment of
evenue
b
& l
t
D
usiness
icense
Ax
ivision
t
t
s
obAcco
Ax
ection
p.o. box 327555 • montgomery, Al 36132-7555 • (334) 242-9627
stamp consignment contract
stAte of AlAbAmA
1. this agreement entered into by and between the Alabama Department of revenue, hereinafter called the party of the first
part, on behalf of the state of Alabama and________________________________________________________________________
COMPANY NAME (If single member LLC, show individual’s name. If multi-member LLC, show name and each member’s name.)
_____________________________________________________________________________________________________________
_____________________________________________________________________ hereinafter called the party of the second part:
STREET ADDRESS / CITY / STATE / ZIP CODE
2. WltnessetH: that the party of the second part is doing business in the state of Alabama and engaging in the business
of selling certain articles or commodities and for the privilege of carrying on such business is subject to the payment of license
taxes which are measured by and graduated in accordance with the volume of sales of such person, firm, or corporation as
is provided by Code of Alabama 1975, section 40-25-1 through 40-25-29 as amended and said taxes are required to be paid
by affixing stamps to said articles or commodities.
3. in order to procure said stamps at a discount of four and three-quarter (4-3/4) percent, and not to pay the Alabama
Department of revenue cash therefore, this consignment contract is entered into in pursuance of said statute.
4. the party of the first part is, from time to time, and in such denominations and in quantities of not less that two Hundred
Dollars ($200.00) to send to the party of the second part Alabama tax stamps and the number and value of such stamps are,
when so sent, to be charged to the party of the second part as consignee of the party of the first part.
5. that the party of the second part agrees to receive the said stamps and use them solely and exclusively in his own personal
business. that all said stamps are to be held in trust by the party of the second part for the party of the first part in behalf of
the state of Alabama. the amount and value due shall be remitted to the Alabama Department of revenue monthly as here-
inafter provided.
6. that the party of the second part agrees to report to the party of the first part at the end of each and every month during
which this agreement is in force, the number and denominations of stamps used, the total value thereof, and the number,
denominations, and value of all stamps remaining on hand unused. the party of the second part shall, at the same time, remit
to the party of the first part the amount and value of the stamps so purchased during the month ended which amount shall
be the aggregate value of all such stamps purchased, less discount as hereinafter provided, so that monthly accounting shall
be made to the party of the first part for all stamps purchased.
7. the party of the second part may deduct as discount allowed by said statute four and three-quarter (4-3/4) percent of the
face value of all stamps purchased by his or its business during each month provided the amount purchased by him or it shall
be $200.00 or more.
8. the party of the second part agrees to make all reports and remittances for stamps on or before the twentieth day of each
and every month. in order to facilitate the accounting for all stamps purchased during the month, the party of the second part
agrees to make remittances specifying the invoice or invoices covered by his report and remittance in the net amount. failure
of the party of the second part to make such reports and remittances on or before the twentieth day of each month will cause
the party of the second part to forfeit said four and three-quarter percent discount as provided by statute.
9. it is agreed that any shortage in any shipment of stamps shall be reported in detail to the party of the first part within three
(3) days after receipt of shipment by party of the second part, and if such report is not received by the party of the first part
within three (3) days, consideration and allowance of such claim may be disallowed and the party of the second part shall
stand charged with the shipment thereof as shown by invoice.
stamp consignment contract
page 2
10. in the event the party of the second part desires at any time to terminate this contract, it shall have the right to do so upon
delivering to the party of the first part, or its order, all stamps remaining unused and charged to the account of the party of
the second part and remitting for all stamps used or not otherwise accounted for. And the party of the first part shall have
the right at any time to terminate this contract and have returned to it, or its order, all unused stamps remaining in the hands
of the party of the second part and charged to it and to demand and receive the sum of all used stamps for which remittance
has not been made and any additional remittance to cover the value of all stamps charged to the party of the second part and
not otherwise accounted for, provided the option herein of the party of the first part to cancel this contract shall be exercised
when and in the event the party of the second part shall fail to furnish or keep in full force and effect a good and sufficient
bond or failure of the party of the second part to make reports or both as required by statute.
tHe AlAbAmA DepArtment of revenue
for the stAte of AlAbAmA
(party of the first part)
bY _______________________________________________
commissioner
DAte ____________________________________________
Witnesses: (party of the first part)
_____________________________________________________
Witness signature
_____________________________________________________
type or print Witness name
_________________________________________________
party of the second part
bY _______________________________________________
_________________________________________________
type or print name and title
DAte ____________________________________________
(same as Date on consignment bond)
Witnesses: (party of the second part)
_____________________________________________________
Witness signature
_____________________________________________________
type or print Witness name
_____________________________________________________
Witness signature
_____________________________________________________
type or print Witness name

Download Form TOB: SCC Stamp Consignment Contract - Alabama

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