tax

The Sacramento City Council will vote Tuesday on a potential ballot measure that would raise taxes for recreational marijuana shops. If approved by council, the ballot measure will be put before voters in November. The ballot measure would give city council the ability to place a business...

Grover Beach, California - The Grover Beach City Council directed staff on Monday to move forward with a measure to tax marijuana. City Manager Matt Bronson said the November ballot measure would cover all commercial cannabis activity. For marijuana-related activities except cultivation and...

The Oregon Legislature opened a window of opportunity for local governments interested in skimming part of the take from the state's fast-emerging recreational marijuana industry. Cities and counties can ask their voters to impose a 3 percent sales tax on recreational pot - and even if the taxes...

In some circles, it's the windfall that wasn't. More than $8.4 million has flowed into Boulder County communities thanks to tax revenue generated by the sale of marijuana since legal sales began two-and-a-half years ago. And though the money has been welcome, it has not been the cash cow...

The Calaveras County Board of Supervisors approved a ballot measure for the November election to allow voters to decide whether to establish a commercial cannabis tax in the county. The tax would require growers to pay $2 per square-foot of canopy space, or grow size, for all outdoor and...

Edgewater - This may not be the city that cannabis built, but Colorado's most famous cash crop could soon be the driving force behind construction of a $7 million, 40,000-square-foot civic center in this tiny community wedged between Lakewood and Denver. Edgewater is exploring using sales tax...

Adelanto - The City Council agreed Wednesday night to put a proposed medical marijuana tax in the hands of voters, an easy decision for city leaders that could ultimately have long-lasting reverberations for Adelanto's economic future. The up-to 5 percent excise tax on all medical marijuana...

Adelanto - The City Council agreed Wednesday night to put a proposed medical marijuana tax in the hands of voters, an easy decision for city leaders that could ultimately have long-lasting reverberations for Adelanto's economic future. The up-to 5 percent excise tax on all medical marijuana...

With medicinal marijuana becoming more regulated and the possibility that California voters will legalize pot in November, Cloverdale is pursuing a local tax on cannabis-related businesses. A majority of Cloverdale voters would need to approve the tax, which the City Council is likely to...

On Tuesday, the Board of Supervisors agreed to revisit the issue of cannabis business licenses and taxes at next week's meeting, when the board also plans to discuss a cannabis compliance ordinance. Fifth District Supervisor Dan Hamburg recused himself from the proceedings. Because the...

After a nearly four-hour public hearing Tuesday, the Los Angeles County Board of Supervisors agreed to place a measure on the November ballot to tax legalized marijuana to bolster local funds for homeless services. The board voted 3-2 to levy a countywide tax on recreational cannabis should...

Ottawa, Canada - Illegal pot sales are turning into a high earner for governments. Don Briere’s national chain of renegade retail shops remitted $688,449 in GST/HST collected from December to May on exploding sales of unlicensed marijuana, hashish and cannabis-laced edibles to relieve aches and...

Salinas - Proposed Monterey County medical marijuana regulations now under consideration by the Board of Supervisors are likely dependent on a general commercial medical cannabis tax measure estimated to raise at least $30 million per year, a key source of financing for administration and...

Salinas - Proposed Monterey County medical marijuana regulations now under consideration by the Board of Supervisors are likely dependent on a general commercial medical cannabis tax measure estimated to raise at least $30 million per year, a key source of financing for administration and...

This is going to be a transformative year for the United States. Not only are we set to vote in a new president for the first time in eight years this November, but we could also see the most rapid expansion of marijuana ever, with eight states now set to vote on recreational or medical cannabis...

The following quotes are excerpted from "How the IRS Smokes Pot Clinics" at Smith Brain Trust: Samuel Handwerger, a certified public accountant and lecturer at the University of Maryland's Robert H. Smith School of Business, is available to expand on his comments, below, on how an "outdated"...

The following quotes are excerpted from "How the IRS Smokes Pot Clinics" at Smith Brain Trust: Samuel Handwerger, a certified public accountant and lecturer at the University of Maryland's Robert H. Smith School of Business, is available to expand on his comments, below, on how an "outdated"...

Columbia County commissioners approved the first reading of an ordinance that will ask voters to impose a 3 percent tax on all marijuana products sold for recreational use outside city limits. Commissioners voted Wednesday morning, July 6, to refer a measure to voters on the Nov. 8 general...

Marijuana businesses that crop up around Ohio once the state's medical marijuana law goes into effect are likely to face a steep tax burden. A line in the Internal Revenue Code known as Section 280E prohibits businesses involved with the trafficking of illegal drugs from deducting any...

Marijuana businesses that crop up around Ohio once the state's medical marijuana law goes into effect are likely to face a steep tax burden. A line in the Internal Revenue Code known as Section 280E prohibits businesses involved with the trafficking of illegal drugs from deducting any...