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State taxation of cannabis
Episode 3714th October 2021 • SALTovation: Making Sense of State and Local Tax • SALTovation
00:00:00 00:10:26

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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]



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Production Support

This episode was produced with support from Truth Work Media. www.truthworkmedia.com

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Advanced Sales and Use Tax Workshop

Take your sales tax to the next level at Advanced Sales and Use Tax Workshop, February 19-21 in Nashville. Diane Yetter and the Sales Tax Institute’s industry-leading faculty provide individualized training, valuable resources, and practical solutions. Expand your network and earn 23 CPE credits. Visit the link in the show notes and use the code SALTOV10 for 10% off. Save your spot now!" https://keap.page/xp141/saltovation-podcast.htm

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