Article Source: State of California
The California Department of Tax and Fee Administration would like to announce that recently adopted Cannabis Tax Regulation 3700, Cannabis Excise and Cultivation Taxes, was approved by the Office of Administrative Law and filed with the Secretary of State on December 21, 2017. The effective date of the regulation is December 21, 2017. The regulation clarifies the provisions of the cannabis cultivation and excise taxes that were effective January 1, 2018.
The California Department of Tax and Fee Administration would also like to announce that recently adopted Cannabis Tax Regulation 3701, Collection and Remittance of the Cannabis Excise Tax, was approved by the Office of Administrative Law and filed with the Secretary of State on December 28, 2017. The effective date of the regulation is December 28, 2017. The regulation further clarifies the imposition, collection, reporting, and remittance of the cannabis excise tax.
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Inquiries concerning the cannabis excise and cultivation taxes should be directed to Robert Wilke, Program Policy Specialist, by telephone at (916) 445-2137 or by email at Robert.Wilke@cdtfa.ca.gov
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Source Credit: State of California
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