In this episode, Alexander Korzhen and Tram Le from TaxOps’ SALTovation Team, provide an overview of state taxation of cannabis. They explain how this taxation as an intrastate enterprise, meaning the product is licenced and sold in the state, will affect taxpayers.
What You Will Discover:
- [00:26] Viewing from a state’s perspective
- [02:29] State taxation of cannabis is an intrastate enterprise
- [05:10] Exemptions to consider
Quotables:
- “Understanding your role and understanding what types of taxes that you might be subject to in a given state is really hard to get your arms wrapped around.” -Tram Le [04:37]
- “There’s a lot of consideration and a lot of detail from state to state.” -Alexander Korzhen [03:43]
Version: 20240320
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