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CCT CET: Responsible Persons, “Collection & Remittance of Cannabis Excise Tax [“CET”] & Cannabis Cultivation Tax [“CCT”]

Cannabis Law Report

The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. When the Distributor role was created, the California Legislature decided to place the majority of the collection and remittance responsibility on it [1]. The amount of cultivation tax.

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Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?

Cannabis Law Report

Also during those years, California allowed the collective or cooperative cultivation of marijuana for medicinal purposes. In order to operate a dispensary in compliance with California law, Taxpayer was organized and run as a not-for-profit. The IRS selected Taxpayer’s 2007, 2008, and 2009 income tax returns for audit.

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California: Which Set of Books?

Cannabis Law Report

The Sales Tax laws arms CDTFA with the power to impose personal liability on corporate officers and other “responsible persons” for failures to collect and pay-over Sales Tax [7]. are established to ensure continued compliance with all applicable rules and regulations. Taxable Year 2008 – California Conformity to Federal Law.

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Overview: Cannabis Taxes & Accounting Workshop

Meadow

Tim Morland, Compliance & Policy Director, River Distribution Tim was previously Director of Legislative and Regulatory Affairs, for the Board of Equalization. Prior to joining Board Member Ma’s team, Tim served in the Assembly Chief Clerk’s Office from 2008–2015. And so the manufacturer needs to collect the 2.75 Panelist?—?But