Recent California Tax Changes Effective April 1, 2023 and Emergency Tax Relief
California’s New Sales and Use Tax Rates Effective April 1, 2023
The CDTFA (California Department of Tax and Fee Administration) has released city and county tax changes that become effective April 1, 2023. These tax rate changes are a result of the November 2022 election. Tax changes can come at any time due to the passage of new state legislation or local ordinances.
Follow this link to find out if your local jurisdiction has updated sales and use tax rates: California City & County Sales & Use Tax Rates
Follow this link to find out if your local jurisdiction has updated sales and use tax rates: California City & County Sales & Use Tax Rates
Emergency Tax Relief Program Due to Recent Storms or Fires in California
If your cannabis business has been affected by the recent storms in California, the state has an emergency tax relief program and licensed cannabis businesses are eligible to apply. You might be eligible for an extension of tax due dates, penalty and interest fee relief, or copies of records that may have been lost in the disaster.
Follow this link to learn more: State of Emergency Tax Relief
Follow this link to learn more: State of Emergency Tax Relief
Cannabis Excise Tax
As you know, the collection and payment to the CDTFA of the of the 15% excise tax charged on all adult-use and medical-use sales to customers shifted to the cannabis retailer on January 1, 2023. Make sure you are calculating excise tax correctly. California’s tax calculations are compounding.
Click here for explanations and examples: CDTFA’s Tax Guide for Cannabis Businesses
Click here for explanations and examples: CDTFA’s Tax Guide for Cannabis Businesses
