California ~ Sales and Use Tax: Medical Marijuana Dispensaries Allowed to Remit Taxes by Means Other Than EFT

first_imgCCH Tax Day ReportBefore January 1, 2022, a person issued a seller’s permit for a place of business that is a “dispensary,” as defined in the Medical Cannabis Regulation and Safety Act, may remit California sales and use tax amounts due for retail sales at the dispensary by a means other than electronic funds transfer (EFT). During this period, a dispensary is not subject to the general requirement to remit amounts due by EFT if its estimated tax liability averages $10,000 or more per month.Ch. 811 (A.B. 821), Laws 2016, effective January 1, 2017last_img

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