-Advertisement-
Saturday, July 20, 2024
-Advertisement-

Mendocino County’s Cannabis Business Tax Reduced by 50%

Categories:

The following is a press release issued by the County of Mendocino


[Stock image by Matt LaFever]

Per revisions recently adopted to Mendocino County Cannabis Business Tax, Chapter 6.32, Section 6.32.050 effective April 28, 2023, cannabis cultivators and nursery operators engaged in business in the unincorporated area of the County shall pay a reduced cannabis business tax of one and one quarter percent (1.25%) for tax years 2023 and 2024.

Please be advised, this tax reduction pertains to quarters one (1) through four (4) and/or true-up minimum tax due for tax years 2023 and 2024 for Nursery and Cultivation Operations ONLY.

All other cannabis commercial business operations tax is stayed at a flat rate of two thousand five hundred dollars ($2,500.00) per calendar year for Distributor, Manufacturer, Processor, Testing Laboratory and Transporter and five percent (5%) for Cannabis Dispensaries.

The included quarterly return has been modified to reflect this reduced tax percentage.

Any payment made at the counter prior to the effective date will be held to be applied to the appropriate quarter after April 27, 2023.

- Advertisement -

For more information, please contact the Tax Collector at 707-234-6848.


Discover more from MendoFever – Mendocino County News

Subscribe to get the latest posts sent to your email.

- Advertisement -

1 COMMENT

  1. A good step but doesn’t go far enough. It has been proved that when the rate of taxation is reduced, overall tax revenues increase. It would be advisable to do this across the board.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

MendoFever Staff
MendoFever Staff
Editor's Note: Whenever an article's byline reads "MendoFever Staff", the contents of that article were not composed by any of our reporters. Types of writing that will be attributed to "MendoFever Staff" include press releases, letters to the editor, op-eds, obituaries— essentially writing that is not produced by a reporter.

Today's News

-Advertisement-

News from the Week