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Politics : Formerly About Advanced Micro Devices

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To: James Seagrove who wrote (1113759)1/28/2019 12:44:13 PM
From: Wharf Rat  Read Replies (1) of 1577924
 
"We will tax your tenement farmers at tippy-top rate"
We already do; pot is the goose that laid the Acapulco golden egg

Fees to pay at time of initial application:

annual application fee-$1,240
property profile & records management fee-$230 until July 1, 2017 when it increases to $555




Fees to pay time of permit:

annual permit & compliance inspection fee-$675
nurseries (type 4) annual permit & compliance inspection fee-$725
annual MSF certification program fee-$970




Other agriculture fees:

hourly inspection fee-$82.91weighing and measuring device registration fee-$111.10


Taxes:

Every person who cultivates commercial cannabis in the unincorporated area of the County shall pay an annual commercial cannabis business tax. The initial tax rate effective January 1, 2017 through June 30, 2020, shall be set at two and one half percent (2.5%) of the gross receipts per fiscal year; provided, however, that cultivators shall pay not less than the following amounts:

Persons cultivating less than or equal to two thousand five hundred (2,500) square feet of cannabis shall pay a tax of no less than one thousand two hundred fifty dollars ($1,250) per growing cycle.

Persons cultivating two thousand five hundred one (2,501) square feet and up to five thousand (5,000) square feet of cannabis shall pay a tax of no less than two thousand five hundred dollars ($2,500) per growing cycle.

Persons cultivating more than five thousand (5,000) square feet of cannabis shall pay a tax of no less than five thousand dollars ($5,000) per growing cycle.

The county estimates that this year it will reap $2.1 in pot dollars. The forecast is based on 600 law-abiding growers paying their taxes. The calculus works out to an average of $3,500 per head, or approximately the mid-point in the foregoing tax table. It also appears that annual fees will average approximately another $3,500; so county growers will pay about $7,000 in combined taxes and fees, annually.

Of course, these local taxes and fees are in addition to taxes and fees on pot set by the state. There is a 15 percent excise tax on both med-pot and rec-pot, as well as a 7.5 percent sales tax on rec-pot. State fees for marijuana are in the process of being set by agency rule making now in progress.

mendovoice.com
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