Duane Morris article – NY State Department Of Taxation Creates New Webpage With Information On The Adult-use Cannabis

Duane Morris article – NY State Department Of Taxation Creates New Webpage With Information On The Adult-use Cannabis
CANNANNEW REPORT

NY State Department Of Taxation Creates New Webpage With Information On The Adult-use Cannabis Excise Tax 18 April 2022 by Michael D. Schwamm Duane Morris LLP New York State Department of Taxation and Finance has created a new webpage with information on the Adult-use cannabis products excise tax. This cannabis excise tax will apply to both: Distributors of adult-use cannabis products on sales of retailers, and Adult-use retailers on sales to retail customers. If you plan to sell adult use cannabis you must register with the Department of Taxation (which is in the process of developing an online registration process and other guidance.   More information is available on the NYS Department of Taxation website  (https://www.tax.ny.gov/bus/auc/) Disclaimer: This Alert has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm’s full disclaimer. https://www.mondaq.com/unitedstates/cannabis-hemp/1184280/ny-state-department-of-taxation-creates-new-webpage-with-information-on-the-adult-use-cannabis-excise-tax

Excerpt only …
READ MORE BELOW
Source : Duane Morris article – NY State Department Of Taxation Creates New Webpage With Information On The Adult-use Cannabis

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.