State Tax Headlines Tax Headlines

California Provides Cannabis Tax Rates, Registration Information

The California Department of Tax and Fee Administration (CDTFA) reminds taxpayers that beginning January 1, 2018, harvested cannabis is subject to a cultivation tax and both cannabis and cannabis products are subject to a cannabis excise tax. Cultivation Tax Rates Cultivation tax rates are: -$9.25 per dry-weight ounce of cannabis flowers; and -$2.75 per dry-weight […]

The post California Provides Cannabis Tax Rates, Registration Information appeared first on Tax & Accounting Blog.

Powered by WPeMatico