Ohio Tax Department Proposes Rule on Adult Use Cannabis Tax

The Ohio Department of Taxation June 25 proposed rules on adult use cannabis tax. The proposal includes measures to: 1) specify that the tax commissioner will establish an adult use cannabis tax account for each adult use dispensary licensed by the Department of Commerce; 2) clarify that any person who operates an adult use dispensary without holding a valid license will be liable for any tax, interest, and penalties; 3) provide for electronic filing and payment of taxes; 4) provide procedures for refunds for adult use cannabis tax illegally or erroneously paid; and 5) provide other procedures applicable to cannabis …