California – State Has Message For The State’s New Legal Pot Industry: Pay Your Taxes

Los Angeles Times by Patrick McGreevy November 20, 2017 California’s shift to legal sales of marijuana for recreational use hits a milestone Monday when the state begins issuing tax permits to marijuana distributors. State regulators estimate the California market could Continue reading California – State Has Message For The State’s New Legal Pot Industry: Pay Your Taxes

California – Medical Cannabis Tax Exemption Has Begun

SALT Report 3890 – The November 8, 2016 passage of Proposition 64 (The Control, Regulate and Tax Adult Use of Marijuana Act) exempts certain sales of medical marijuana from sales and use tax. Sales of medical cannabis to those who Continue reading California – Medical Cannabis Tax Exemption Has Begun

California – Vote to Legalize Marijuana on November Ballot

SALT Report 3827 – Sales of both recreational pot and medical marijuana initially would be subject to a 15 percent excise tax. Cities and counties would retain the right to prohibit pot-related businesses and to impose their own fees and Continue reading California – Vote to Legalize Marijuana on November Ballot

California – Marijuana Growers And Sellers Must Register With BOE

SALT Report 3727 – If a company sells or grows medical cannabis, registration with the Board of Equalization is required – it is the law. Once registered, sales and use tax returns must be filed and taxes must be paid. Continue reading California – Marijuana Growers And Sellers Must Register With BOE

California – BOE to Sponsor Exemption for Purchases of Medical Marijuana by Hospice Patients

SALT Report 2267 – On March 13, 2013 the California State Board of Equalization agreed to sponsor a legislative proposal that will eliminate sales tax on purchases of medical marijuana by patients in hospice care. BOE Chairman Jerome Horton said Continue reading California – BOE to Sponsor Exemption for Purchases of Medical Marijuana by Hospice Patients