A Key Interaction Between Sales Taxes and Other Taxes on Cannabis Retailers

Dec 17, 2019 - Many cities levy a “business tax ” or “business license tax ” that applies to a wide range of businesses, including cannabis businesses. The tax rate generally is a specified percentage of sales, also known as gross receipts.
https://lao.ca.gov/Publications/Report/4124

How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - Weight ‑Based: Tax Sale or Transfer to First Distributor and Collect Tax From First Distributor. The only practical opportunities to weigh cannabis plants occur early in the supply chain, around the time of sale or transfer from the cultivator to the first distributor.
https://lao.ca.gov/Publications/Report/4125

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - (For example, it was previously possible to exchange the ownership of a copyright on a piece of music for the copyright on a different piec e of music.) Like-kind exchanges for real property, such as land and buildings, are still allowed for all CT and PIT filers.
https://lao.ca.gov/Publications/Report/4100

Managing California’s Cash

Sep 3, 2019 - The overall effect of A B   1054 o n the state ’s cash balances is yet to be seen —it will depend on decisions by the administration about how much to transfer to the fund, when to make those transfers, and when to issue the new bonds to repay the loan.
https://lao.ca.gov/Publications/Report/4092

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The Governor proposes attributing this $ 700  m illion deposit to the 2018 ‑19 fiscal year, although the actual transfer likely would take place after June 30, 2019. No Deposit Into School ’s Constitutional Reserve Required.
https://lao.ca.gov/Publications/Report/3916