Official CO document freezing average market rate

September 17, 2014 § Leave a comment

This document freezes producer marijuana taxes through the end of 2014: Average market rate late 2014.

NY bill: bud $50/oz.; concentrates $200/oz.

September 14, 2014 § Leave a comment

These bills sometimes disappear. Here is the text of New York State Senator Liz Krueger’s bill imposing “an excise tax of $50.00 per ounce on marihuana and $50.00 per quarter ounce of concentrated cannabis.”  http://open.nysenate.gov/legislation/bill/S6005-2013 Accessed 14 September, 2014.

BILL NUMBER:S6005 « Read the rest of this entry »

Bud-trim line, continued

September 14, 2014 § Leave a comment

Several posts here have looked at whether taxing bud at one rate and trim at another is viable.

One argument that the line is self-enforcing, as bud is smoked and trim made into concentrates.   But even without a tax incentive to put bud in the trim pile, businesses do just that.  Here is an ad, downloaded 14 September 2014, promising concentrates made from . . . ALL BUD NO TRIM! « Read the rest of this entry »

Colorado freezes marijuana tax rates

August 30, 2014 § Leave a comment

Colorado just avoided a 50-percent hike in the rate of tax on flowers or bud, from 62 cents a gram to 95 cents.  An administrative tax increase was squarely on the table, put there by a finding of fact by Colorado’s Marijuana Policy Group.  But the Department of Revenue rejected that finding and held rates steady.

« Read the rest of this entry »

Marijuna tax rates in Oregon and Alaska

August 14, 2014 § Leave a comment

Rates of $35 an ounce for potent flowers, $10 an ounce for less potent leaves, and $5 per immature plant: Those are the tax rates in Oregon’s Measure 91, which recently qualified for the November 2014 ballot. A reader asks: Are they too high? Are they too low? And how about the rate of $50 per ounce, reducible by regulations for (presumably less potent) parts of the plant, in Alaska’s Ballot Measure 2?   To answer a different  question, the advantage that Oregon and Alaska have over other western states is that their internal laws don’t freeze voter-passed tax laws.  Oregon and Alaska can adjust to circumstances that no one can now envision — by changing tax rates as needed.

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“Laws To Tax Marijuana,” 59 State Tax Notes 251-80 (January 24, 2011)

August 14, 2014 § Leave a comment

Laws To Tax Marijuana — published version in State Tax Notes is the official version, but State Tax Notes would not print a Table of Contents, which is available in Laws To Tax Marijuana — Manuscript with Table of Contents.

Marijuana Tax Options — slides for August 18 panel for tobacco tax officials

August 12, 2014 § Leave a comment

The Federation of Tax Administrators, http://www.taxadmin.org/fta/about/default.html, folks who administer and collect state taxes, are having me on a panel about marijuana taxes for their Tobacco Tax section, in Knoxville, August 18.  Final slides are at FINAL Oglesby FTA Tobacco section aug 18 noon slides for Knoxville.

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