by Abraham Finberg | Nov 10, 2020 | Cannabis Business, News, Tax
Source: CA Department of Tax and Fee Administration Due to new legislation, Assembly Bill 1872 (Stats. 2020, ch. 93), the cannabis excise tax mark-up rate and the cultivation tax rates will not change on January 1, 2021. Cannabis Excise Tax Mark-up Rate The cannabis... by Abraham Finberg | Sep 11, 2020 | Cannabis Business, News
Source: Manzuri Law by Abraham Finberg | Jul 24, 2020 | Cannabis Business, Tax
By Andrew Gradman Esq and AB FinWright Partners Abraham Finberg & Rachel Wright In addition to the sales and use tax, California cannabis businesses pay two unique taxes: The cannabis excise tax, and the cannabis cultivation tax. This article discusses the... by Abraham Finberg | Jul 22, 2020 | Cannabis Business, Tax, Webinars and Events
For cannabis businesses, federal income taxes can be ruinous—even in loss years. Unlike other industries, which pay income taxes only on actual income, cannabis businesses, defined in federal law as drug traffickers, are singled out for an extra tax on a portion of... by Abraham Finberg | Jul 20, 2020 | Cannabis Business, Tax, Webinars and Events
For cannabis businesses, federal income taxes can be ruinous—even in loss years. Unlike other industries, which pay income taxes only on actual income, cannabis businesses, defined in federal law as drug traffickers, are singled out for an extra tax on a portion of... by Abraham Finberg | Jul 14, 2020 | Cannabis Business, Tax, Webinars and Events
For cannabis businesses, federal income taxes can be ruinous—even in loss years. Unlike other industries, which pay income taxes only on actual income, cannabis businesses, defined in federal law as drug traffickers, are singled out for an extra tax on a portion of...