California Revenue and Taxation Code PART 14.5 - Cannabis Tax
- Section 34010.
For purposes of this part:(a) “Arm’s length transaction” shall mean a sale entered into in good faith and for valuable consideration that reflects the fair market...
- Section 34011.
(a) (1) Effective January 1, 2018, a cannabis excise tax shall be imposed upon purchasers of cannabis or cannabis products sold in this state at the rate...
- Section 34012.
(a) Effective January 1, 2018, there is hereby imposed a cultivation tax on all harvested cannabis that enters the commercial market upon all cultivators. The tax...
- Section 34012.5.
(a) The cultivation tax and cannabis excise tax required to be collected by the distributor, or required to be collected by the manufacturer pursuant to paragraph...
- Section 34013.
(a) The board shall administer and collect the taxes imposed by this part pursuant to the Fee Collection Procedures Law (Part 30 (commencing with Section 55001))....
- Section 34014.
(a) All distributors must obtain a separate permit from the board pursuant to regulations adopted by the board. No fee shall be charged to any person...
- Section 34015.
(a) Unless otherwise prescribed by the board pursuant to subdivision (c), the excise tax and cultivation tax imposed by this part is due and payable to...
- Section 34016.
(a) Any peace officer or board employee granted limited peace officer status pursuant to paragraph (6) of subdivision (a) of Section 830.11 of the Penal Code,...
- Section 34017.
The Legislative Analyst’s Office shall submit a report to the Legislature by January 1, 2020, with recommendations to the Legislature for adjustments to the tax...
- Section 34018.
(a) The California Cannabis Tax Fund is hereby created in the State Treasury. The Tax Fund shall consist of all taxes, interest, penalties, and other amounts...
- Section 34019.
(a) Beginning with the 2017–18 fiscal year, the Department of Finance shall estimate revenues to be received pursuant to Sections 34011 and 34012 and provide those...
- Section 34020.
The Controller shall periodically audit the Tax Fund to ensure that those funds are used and accounted for in a manner consistent with this part...
- Section 34021.
The taxes imposed by this part shall be in addition to any other tax imposed by a city, county, or city and county.(Added November 8,...
- Section 34021.5.
(a) (1) A county may impose a tax on the privilege of cultivating, manufacturing, producing, processing, preparing, storing, providing, donating, selling, or distributing cannabis or cannabis products...
Last modified: October 22, 2018