Tax Headlines


Washington ~ Multiple Taxes: Liquor Control Board Discusses Implementation of Marijuana Initiative

The Washington State Liquor Control Board has issued a set of questions and answers regarding Initiative 502, which establishes a regulatory scheme for the production, sale, and taxation of marijuana for recreational use. With regard to taxation, the board notes that the initiative applies a 25% excise tax on each level of the system: producer to processor, processor to retailer, and retailer to consumer. In addition, business and occupation (B&O) taxes on production and local retail sales taxes apply.

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