Center for New Revenue opposes repeal of per-ounce marijuana tax in Alaska

Email to Erika McConnell, Director of the Alaska Alcohol and Marijuana Control Office

Dear Ms. McConnell:

The cannabis industry naturally wants to repeal the weight-based, per-pound tax you have in Alaska. http://komonews.com/news/local/alaskas-legal-pot-industry-decries-taxes-seeks-changes

The state and the people have interests that conflict with those of the industry. Continue reading Center for New Revenue opposes repeal of per-ounce marijuana tax in Alaska

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Marijuana Revenue Competition — Look Out Below — in State Tax Notes

Marijuana Revenue Competition — Look Out Below

Exclusive license with State Tax Notes expired, so here is  the article: Tax Competition FINAL STN 5.7.18 Oglesby, from State Tax Notes, Vol. 88, No. 6, 2018.

Abstract

Beyond the ever-present illegal market, a more subtle threat to marijuana revenue lurks:

Tax competitors (think: tax havens) threaten subnational jurisdictions that can’t or don’t control their borders.

This article presents a framework for looking at threats to marijuana revenue: Continue reading Marijuana Revenue Competition — Look Out Below — in State Tax Notes

CNR recommends cannabis tax chart

This is the best comparative chart on cannabis taxes I’ve seen, from an 800-person law firm.  The big accounting firms were still steering clear of marijuana, last I heard, and this is the biggest law firm I’ve heard of.

It glosses over the way Nevada always taxes by weight.  https://newrevenue.org/2017/07/02/nevadas-70-cent-per-gram-tax-on-marijuana-flower/

And it glosses over the way Colorado often taxes by weight.  https://newrevenue.org/2017/07/23/is-colorados-new-marijuana-tax-leaky/

I haven’t read the whole thing, but I haven’t found any other problems so far.

UPDATE:  Louisiana’s sales tax will apply to medical cannabis, we learn after publication of the chart, which reported it as “unclear.” http://www.theadvocate.com/baton_rouge/news/business/article_504d1b92-6f24-11e8-94c2-5bd6afda20a5.html.  And, unlike the chart, I don’t see an argument that Louisiana excise tax will apply.

http://www.foxrothschild.com/content/uploads/2018/05/Cannabis-Industry-State-Tax-Guide.pdf

On CNR site:  Cannabis-Industry-State-Tax-Guide