The California Department of Tax and Fee Administration has produced a three-part video series to help individuals who operate cannabis-based businesses learn about their tax responsibilities.
On Jan. 1, two new cannabis taxes took effect—a cultivation tax and an excise tax. In addition, businesses that make retail sales of cannabis and cannabis products are required to report and pay sales and use tax. These videos will provide general information on the tax requirements for cannabis retailers, distributors, cultivators, and manufacturers. They also explain how to register for a cannabis tax permit and seller’s permit, how to determine if sales are taxable, how to calculate the proper tax rate, when to use or accept a resale certificate, and how to file returns and maintain adequate records.
Look on cdfa.ca.gov for:
Tax Help for the Cannabis Retailer
Tax Help for the Cannabis Distributor
Tax Help for the Cannabis Cultivator of Manufacturer
For more information about topics covered in these videos, email CDTFACannabisHelp@cdtfa.ca.gov, or view Tax Guide for Cannabis Businesses on the CDTFA website. For more information, call the Customer Service Center at 1-800-400-7115 Monday through Friday, 8 a.m. to 5 p.m., except state holidays.
