California: Medical Marijuana Tax Loophole Could Be Closed Very Soon

22 November 2016

The Cannabist report..

An early tax break for California medical marijuana patients may be short-lived, with state leaders rushing to reverse a recent ruling that could cost the state millions of dollars over the coming year.

“We are looking at a legislative fix but also have a request in to the Attorney General to give a more definitive ruling,” Fiona Ma, chairwoman of the Board of Equalization, said Friday.

The state board on Thursday sent notice that anyone who has both a doctor’s recommendation for marijuana and a county-issued ID card identifying them as a patient no longer has to pay state sales tax thanks to Proposition 64.

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An early tax break for California medical marijuana patients may be short-lived, with state leaders rushing to reverse a recent ruling that could cost the state millions of dollars over the coming year.

“We are looking at a legislative fix but also have a request in to the Attorney General to give a more definitive ruling,” Fiona Ma, chairwoman of the Board of Equalization, said Friday.

The state board on Thursday sent notice that anyone who has both a doctor’s recommendation for marijuana and a county-issued ID card identifying them as a patient no longer has to pay state sales tax thanks to Proposition 64.

Full report: http://www.thecannabist.co/2016/11/21/california-medical-marijuana-tax-error/68018/

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