For Immediate Release
January 17, 2018
Contact: Office of Public Affairs
California Department of Tax and Fee Administration Releases 'Tax Help for the Cannabis Industry' Video Series
Sacramento – The California Department of Tax and Fee Administration (CDTFA) has produced a three-part video series to help individuals who operate cannabis-based businesses learn about their tax responsibilities.
On January 1, 2018, 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.
The three-part video series includes:
Tax Help for the Cannabis Retailer
Tax Help for the Cannabis Distributor
Tax Help for the Cannabis Cultivator or 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 (TTY:711) Monday through Friday, 8:00 a.m. to 5:00 p.m. (Pacific time), except state holidays.
Note: This news release may discuss complex tax laws and concepts. It may not address every situation, and is not considered written advice that may be relied on, pursuant to California Code of Regulations, title 18, sections 1705 and 4902. Changes in tax law or regulations may have occurred since the time this news release was written. If there is a conflict between the text of this news release and the law, decisions will be based upon the law and not this news release. For specific help, please contact the CDTFA at 1-800-400-7115.