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State THC tax prices vary from 6 percent in Missouri to 37 percent in Washington. Regional THC tax obligations are normally covered by the state as well as set in between 2 percent and 5 percent. The percentage-of-price tax obligation is one of the most prominent tax on THC. Ten states entirely use this sort of tax obligation as well as five states utilize it along with one more tax obligation.

Tax obligation calculations vary across these states, however in every state the cultivator (i. e., marijuana cultivator) is accountable for remitting the tax obligation to the government, as well as in every state yet New Jacket various parts of the plant are taxed at various prices (e.

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

City governments can likewise impose an excise tax obligation on THCsome levy a percentage-of-price tax and also others impose a weight-based tax obligation. Legal sales started in October 2016.: The state imposes a 16 percent excise tax on THC sales that is paid by customers and also remitted by stores. There are no regional marijuana tax obligations in Arizona.

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 The golden state' state federal government formerly likewise imposed a weight-based tax obligation, yet that tax was rescinded in 2022.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

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The last tax can be applied on the cultivator, representative, and also the retailer, which indicates the tax obligation problem on the customer is potentially well over the detailed tax price. Lawful sales started in January 2018.: The state levies both a 15 percent excise tax obligation on marijuana sales (paid by consumers as well as remitted by stores) and a weight-based tax (paid and paid by farmers).

Regional federal governments can additionally impose a percentage-of-price excise tax obligation on THC. The area tax obligation is topped at 3 percent when there is likewise a local tax on the purchase.

Legal sales began in October 2018 however the state did not start collecting marijuana tax profits until November 2020.: Maryland voters approved recreational THC in November 2022. The tally measure did not contain a THC tax obligation, however rather advised the legislature to create one. Since April 2023, lawful marijuana sales had not yet begun in Maryland.

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75 percent excise tax on marijuana sales that is paid by customers and paid by stores. City governments are additionally allowed to impose as much as a 3 percent tax on the retail cost. Legal sales started in November 2018.: The state imposes a 10 percent excise tax on marijuana sales that is paid by consumers and paid by sellers.

: The state levies a 20 percent excise tax obligation on THC sales that is paid by consumers and also remitted by retailers. Local federal governments are also allowed to impose as much as a 3 percent tax obligation on the market price. Legal sales started in January 2022.: The state levies both a 10 percent excise tax obligation on THC sales (paid by customers and also remitted by sellers) and also a weight-based tax obligation (paid and also paid by growers).

Because this tax find here obligation is levied on multiple services in the supply chain (cultivator, distributor, and also store), the tax worry can "pyramid" to ensure that the actual tax obligation paid by the consumer is higher than the provided 2 percent rate. Legal sales began in April 2022.: The state levies a 12 percent excise tax on THC sales that is paid by consumers and remitted by merchants.

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Lawful sales began in April 2022.: There is both a 13 percent excise tax obligation (9 percent state and also 4 percent local) on marijuana sales (paid by consumers and paid by click for more seller) and also a potency-based tax obligation (paid by distributors) in New york city. The potency-based tax is a per unit tax: 0.

: The state levies a 10 percent excise tax obligation on marijuana sales that is paid by customers as well as paid by merchants. City governments are additionally permitted to impose up to a 3 percent tax obligation on the retail cost. Lawful sales began in November 2022.: The state levies a 14 percent excise tax obligation on marijuana sales that is paid by consumers and also paid by sellers.



Legal sales began in October 2022.: The state enacted a 21 percent excise tax on marijuana sales that is paid by consumers as well as remitted by merchants. City governments will likewise be permitted to impose up to a 3 percent tax on the market price. As of April 2023, legal THC sales had actually not yet started in Virginia.

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Some states commit marijuana tax obligation income to traditional federal government programs. As an example, Arizona invests one-third of its earnings on neighborhood universities, Colorado invests every one of its income on public institution construction, Michigan uses a majority of its profits for K-12 public schools and roadway fixing and upkeep, as well as Washington invests fifty percent of its revenue useful content on healthcare programs.

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