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State THC tax obligation rates range from 6 percent in Missouri to 37 percent in Washington. Neighborhood marijuana taxes are typically capped by the state as well as set between 2 percent and also 5 percent. The percentage-of-price tax is the most prominent tax obligation on THC. 10 states only utilize this sort of tax obligation and five states use it along with one more tax.

Tax calculations differ across these states, however in every state the cultivator (i. e., THC cultivator) is liable for remitting the tax to the federal government, and also in every state but New Jacket different components of the plant are tired at different rates (e.

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Potency-based. A potency-based tax is determined based on the THC product's level of tetrahydrocannabinol (THC), the primary psychedelic substance in marijuana.

City governments can also impose an excise tax on THCsome levy a percentage-of-price tax and also others impose a weight-based tax. Legal sales started in October 2016.: The state imposes a 16 percent excise tax on THC sales that is paid by consumers as well as paid by retailers. There are no neighborhood THC tax obligations in Arizona.

: The state levies a 15 percent excise tax on THC sales that is paid by customers and remitted by merchants. California' state government formerly additionally imposed a weight-based tax, but that tax obligation was rescinded in 2022. Neighborhood federal governments in The golden state can additionally levy an excise tax obligation on THC organizations.

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The latter tax obligation can be applied on the cultivator, supplier, and also the seller, which suggests the tax obligation burden on the customer is perhaps well over the detailed tax obligation rate. Legal sales began in January 2018.: The state levies both a 15 percent excise tax on THC sales (paid by consumers and remitted by stores) and also a weight-based tax obligation (paid as well as remitted by cultivators).

Local governments can also impose a percentage-of-price excise tax obligation on THC. The county tax is capped at 3 percent when there is also a community tax obligation on the acquisition.

Lawful sales started in October 2018 but the state did not begin gathering marijuana tax obligation revenue up until November 2020.: Maryland voters approved recreational THC in November 2022. The tally step did not have a THC tax, however rather instructed the legislature to develop one. As of April 2023, lawful marijuana sales had not yet begun in Maryland.

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75 percent excise tax obligation on marijuana sales that is paid by customers and also remitted by sellers. Neighborhood governments are additionally allowed to levy approximately a 3 percent tax obligation on the market price. Legal sales started in November 2018.: The state levies a 10 percent excise tax on THC sales that is paid by customers and remitted by sellers.

: The state imposes a 20 percent excise tax on THC sales that is paid by customers and also paid by merchants. City governments are additionally enabled to impose as much as a 3 percent tax obligation on the retail cost. Legal sales began in January 2022.: The state levies both a 10 percent excise tax obligation on marijuana sales (paid by customers as well as remitted by sellers) and a weight-based tax (paid and remitted by growers).

Due to the fact that this tax obligation is imposed on several organizations in the supply chain (cultivator, distributor, and also store), the tax obligation worry can "pyramid" so that the real tax paid by the consumer is greater than the provided 2 percent rate. Legal sales started in April 2022.: The state imposes a 12 percent excise tax why not find out more on marijuana sales that is paid by customers and paid by merchants.

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Lawful sales started in April 2022.: There is both a 13 percent excise tax obligation (9 percent state and 4 percent neighborhood) on marijuana sales (paid by consumers and remitted by merchant) and also a potency-based tax obligation (remitted by suppliers) in New york city. The potency-based tax obligation is an each tax obligation: 0.

: The state levies a 10 percent excise tax obligation on marijuana sales that is paid by consumers as well as remitted by merchants. City governments are likewise allowed to levy as much as a 3 percent tax on the look at these guys market price. Lawful sales started in November 2022.: The state imposes a 14 percent excise tax obligation on marijuana sales that is paid by customers and also paid by retailers.



Lawful sales started in October 2022.: The state established a 21 percent excise tax obligation on marijuana sales that is paid by customers and remitted by sellers. City governments will also be allowed to impose up to a 3 percent tax on the list price. Since April 2023, legal THC sales had actually not yet begun in Virginia.

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Some states dedicate THC tax income to traditional government programs. For example, Arizona spends one-third of its income on community colleges, Colorado invests every one of its income on public college building and construction, Michigan utilizes a bulk of its profits for K-12 public schools and road repair work and upkeep, and Washington invests fifty percent of its profits on site web healthcare programs.

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